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$272,000

NAL Estimated Property Value

5525 75th Street, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.15 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Electric Cooktop, Gas Water Heater
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size9,120 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APNR75363
Lot Number4980
SubdivisionFarrar Estates
Land UseResidential
Legal DescriptionFARRAR ESTATES L 498
Census Tract001713
Assessed Land Value$12,000
Assessed Improvement Value$209,172
Assessment Year2025

About this property

This beautifully updated 3-bedroom, 2-bathroom home in the heart of SW Lubbock offers the perfect blend of modern style and functional living, a 2-car garage with a storm shelter and fresh finishes throughout. The stunning master suite serves as a private retreat, featuring a fully remodeled bathroom complete with premium updates such as a separate tub and shower, updated flooring, and his & her walk-in closets. Located just minutes from the vibrant shopping and dining hub at 82nd Street and Milwaukee Avenue, you will enjoy easy access to retailers like United Supermarkets and H-E-B, all while being situated within the highly sought-after Lubbock Independent School District. With its move-in-ready updates and prime location near local parks and major employers like Texas Tech University, this home is an exceptional find in one of Lubbock's fastest-growing areas.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,108
$221,172
2025
$12,000
$209,172
$221,172
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,108
$221,172

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
6.4%

City: Lubbock

5525 75th Street | Property Details | No Agent List