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Days133Days on Market
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$198,000

5615 Kemper St, Lubbock, TX, 79416

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,419 Sq Ft
price_per_sqft$139.53 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Free-Standing Electric Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesNone
Lot Size5,492 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR340400
Lot Number2630
SubdivisionLincoln 16
Land UseResidential
Legal DescriptionLINCOLN 16 L 263
Census Tract000409
Assessed Land Value$38,444
Assessed Improvement Value$184,096
Assessment Year2025

About this property

Located just minutes from Texas Tech University and the medical district, this well-designed 3-bedroom, 2-bath, 2-car garage townhome offers an ideal combination of location, functionality, and income potential. The open-concept living, dining, and kitchen area features modern finishes and a practical layout well suited for student or professional tenants. Spacious bedrooms, two full bathrooms, and a private two-car garage provide everyday comfort and convenience.The property is currently leased at $1,450 per month through the end of August 2026. Located in an area known for consistent rental demand and continued growth, this townhome is well positioned as a long-term investment.

Investor Tools

$0Estimated Mortgage Balance
$222,540Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,335 /month
Positive
Cash Flow Estimate:
$445 /month

Interested in this property?

Jessica Albares

Jessica Albares Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,938
$222,540
2025
$38,444
$184,096
$222,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,938
$222,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,540
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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5615 Kemper St | Property Details | No Agent List