Last 24 Hours
$361,000
NAL Estimated Property Value5624 County Road 6220, Lubbock, TX, 79415
Off Market
3 Beds
2 Bath
2,609 Sq Ft
$63.2 / sqft
Built in 2005Property Lead Type:
BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2AppliancesDisposal
FlooringTile
Exterior
Lot Size2.50 acres
Building Information
Year Built2005
Roof Type105
Land Information
APNR68821
Lot Number300
Land UseResidential
Legal DescriptionBLK JS SEC 22 AB 1425 TR A6 AC: 2.5
Census Tract010301
Assessed Land Value$22,500
Assessed Improvement Value$212,227
Assessment Year2025
About this property
Awesome Opportunity to have Country Living! With 2.5 Acres, this 3 Bed 2 Bath with 3 living areas is nested away on a cul-de-sac! Spacious Kitchen with Island, Pantry and tons of cabinets. Living Room has corner Stone Fireplace. Isolated Master with Special Ceilings, Walkin Closet & Double Vanities. Bedrooms 2 & 3 Share 2nd bath. 3 Living Areas, where 1 can be used as an office! AWESOME 40 x 40 Workshop w/Electricity and 2 Garage Doors. Storage Shed. Covered Patio in back. Come check it out before its too late!
Investor Tools
$361,000
Estimated Property Value
$198,488Estimated Mortgage Balance
$162,512Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,356
$234,727
2025
$22,500
$212,227
$234,727
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,356
$234,727
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$204,250
No
First
Oct 11, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,488
$162,512
45%
55%
$1,225/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,225/mo
+$200/mo
4.7%
12.4%