$198,000
NAL Estimated Property Value5603 Dartmouth St, Lubbock, TX, 79416
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesRange, Dishwasher, Free-Standing Range
FlooringTile, Vinyl
Exterior
Lot Size7,150 sqft
Building Information
Year Built1981
Roof Type105
Garage Spaces2
Land Information
APNR122193
Lot Number2290
SubdivisionHorizon West
Land UseResidential
Legal DescriptionHORIZON WEST L 229
Census Tract000410
Assessed Land Value$5,525
Assessed Improvement Value$184,191
Assessment Year2025
About this property
Beautiful 3/2 home with a loft that can be an office or game room. This Contemporary Style home has new flooring, granite,tile in restrooms, paint, ceiling fans, lights, and Double hung windows and sprinkler system. The spiral stairs with a massive brick fire place makes this unique home have character that sets it apart from the rest. It is conveniently located close to the medical area and Texas Tech in a quiet and nice neighborhood.
Investor Tools
$198,000
Estimated Property Value
$158,147Estimated Mortgage Balance
$39,853Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,599
$189,716
2025
$5,525
$184,191
$189,716
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,599
$189,716
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$166,500
No
First
Aug 1, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,147
$39,853
20%
80%
$999/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$999/mo
+$641/mo
9.9%
