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$272,281

NAL Estimated Property Value

5523 74th Street, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.73 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Oven
FlooringBamboo, Carpet

Exterior

Exterior FeaturesOther
Lot Size9,690 sqft

Building Information

Year Built1976
Roof Type105
Garage Spaces3

Land Information

APNR74674
Lot Number4750
SubdivisionFarrar Estates
Land UseResidential
Legal DescriptionFARRAR ESTATES L 475
Census Tract001713
Assessed Land Value$12,750
Assessed Improvement Value$259,531
Assessment Year2025

About this property

This rare opportunity won't last long. An amazing property that has a great floor plan with large kitchen and island open to a very welcoming living room with vaulted ceilings with beams and corner fireplace. You will enjoy the large master suite with amazing walk-in shower. The best for last is the infamous 3 car garage and circle driveway in an established neighborhood.

Investor Tools

Property Icon
$272,281
Estimated Property Value
$159,795Estimated Mortgage Balance
$112,486Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,634 /month
Positive
Cash Flow Estimate:
$545 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,390
$272,281
2025
$12,750
$259,531
$272,281
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,390
$272,281

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$185,270
No
First
Jul 31, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,795
$112,486
41%
59%
$1,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,111/mo
+$329/mo
6.3%

City: Lubbock

5523 74th Street, Lubbock, TX 79424 | Property Details | No Agent List