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$410,028

NAL Estimated Property Value

5527 Itasca St, Lubbock, TX, 79416

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths3,054 Sq Ft
price_per_sqft$123.77 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Refrigerator

Exterior

Lot Size7,525 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces4

Land Information

APNR337351
Lot Number1540
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 154
Census Tract000409
Assessed Land Value$52,675
Assessed Improvement Value$357,353
Assessment Year2025

About this property

This duplex is ready for a new owner! Whether you are a seasoned investor looking to add to your portfolio or someone looking to start an investment portfolio, this home could be for you! The bright and spacious interior make it a great place to live or rent out. Both units are rented for $1550/mo.Please note the pictures show 5508 Itasca Unit A when it was vacant. SAME FLOORPLAN.

Investor Tools

Property Icon
$410,028
Estimated Property Value
$271,429Estimated Mortgage Balance
$138,599Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,511
$410,028
2025
$52,675
$357,353
$410,028
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,511
$410,028

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$278,000
No
First
Jan 23, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,429
$138,599
33%
66%
$1,667/mo

City: Lubbock

5527 Itasca St | Property Details | No Agent List