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$176,000

NAL Estimated Property Value

5626 Amherst St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,373 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.78 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Electric Cooktop
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Lot Size6,721 sqft

Building Information

Year Built1974
Roof Type105
Garage Spaces2

Land Information

APNR87345
Lot Number2300
SubdivisionWest Wind
Land UseSingle Family Residential
Legal DescriptionWEST WIND L 230
Census Tract000411
Assessed Land Value$5,100
Assessed Improvement Value$168,329
Assessment Year2025

About this property

Adorable 3 bedroom 2 bathroom house! Amazing for a first time home owner or investment property. Near medical district, Texas Tech and LCU, lots of great dining and shopping, easy access to Loop 289. Many big updates in the past few years; roof replaced 2018, A/C and heater replaced in 2019, all new windows through the house with lifetime warranty, guest bathroom remodeled in 2018. Very cute park with walking path and playground down the street. This home has been well loved for over 25 years by the same owner, stop by and check it out!!

Investor Tools

Property Icon
$176,000
Estimated Property Value
$122,722Estimated Mortgage Balance
$53,278Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,149
$173,429
2025
$5,100
$168,329
$173,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,149
$173,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Bank
Fha
$136,482
Yes
First
Feb 12, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,722
$53,278
30%
70%
$819/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$819/mo
+$821/mo
11.2%

Learn About the Market: Opportunity in Texas

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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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5626 Amherst St | Property Details | No Agent List