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$191,000

NAL Estimated Property Value

5608 Cornell St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.05 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size8,098 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APNR122056
Lot Number2240
SubdivisionHorizon West
Land UseResidential
Legal DescriptionHORIZON WEST L 224
Census Tract000410
Assessed Land Value$6,074
Assessed Improvement Value$168,420
Assessment Year2025

About this property

Total remodel! Engineered wood flooring, carpet with upgraded pet-proof padding, light fixtures and ceiling fans, fresh paint throughout, countertops, sinks, and coming next week fresh paint on the outside too! Then add in the large back yard that features a 144 square foot shop and the outstanding Floor Plan With Open Spaces. Dining Convenient To Kitchen And Family Room. Isolated Master With Large Bath And Walk-in Closet. Located On A Quiet Cul-de-sac. Hurry and make your appointment before it is gone!!!

Investor Tools

Property Icon
$191,000
Estimated Property Value
$127,388Estimated Mortgage Balance
$63,612Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,364
$174,494
2025
$6,074
$168,420
$174,494
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,364
$174,494

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$138,974
Yes
First
Dec 11, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,388
$63,612
33%
67%
$834/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$834/mo
+$806/mo
10.3%

City: Lubbock

5608 Cornell St | Property Details | No Agent List