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$228,000

NAL Estimated Property Value

5519 Itasca St, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,638 Sq Ft
price_per_sqft$138.46 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Electric Cooktop, Free-Standing Range, Microwave, Refrigerator

Exterior

Exterior FeaturesCourtyard
Lot Size4,187 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces420

Land Information

APNR337354
Lot Number1570
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 157
Census Tract000409
Assessed Land Value$29,309
Assessed Improvement Value$169,332
Assessment Year2025

About this property

Welcome to 5519 Itasca Street in Lubbock's desirable North by Northwest neighborhood. This spacious four-bedroom, four-bathroom home offers plenty of room for comfortable living. The open-concept layout connects the living and dining areas, creating an inviting atmosphere for family gatherings or entertaining friends. A well-equipped kitchen with a dishwasher adds convenience, while large windows throughout the home provide natural light. Each bedroom is generously sized with its own bathroom, offering privacy and functionality. The property features a fenced backyard, along with an attached garage and driveway parking. Located in the Lincoln 16 area, this property provides the easy access to shopping, dining, Texas Tech University, and local medical and business districts. Parks, schools, and recreational opportunities are also nearby, making this home ideal for a variety of lifestyles. Don't miss the chance on this well-located four-bedroom, four-bathroom home in Lubbock. House is virtual staged.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$149,733Estimated Mortgage Balance
$78,267Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,590
$198,641
2025
$29,309
$169,332
$198,641
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,590
$198,641

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$161,849
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,733
$78,267
34%
66%
$971/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$971/mo
+$669/mo
8.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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5519 Itasca St | Property Details | No Agent List