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$367,000

NAL Estimated Property Value

5708 Gary Ave, Lubbock, TX, 79413

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths3,925 Sq Ft
price_per_sqft$44.46 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringTile

Exterior

Lot Size11,115 sqft

Building Information

Year Built1970
Roof Type105
Garage Spaces2

Land Information

APNR112520
Lot Number670
SubdivisionLeftwich Monterey Heights
Land UseResidential
Legal DescriptionLEFTWICH MONTEREY HTS L 157 LESS N24.55'
Census Tract002103
Assessed Land Value$55,000
Assessed Improvement Value$312,000
Assessment Year2025

About this property

This 5 bedroom and 3 bath home has so much potential! Huge living room, dining room, kitchen with storage space, built-ins, laundry room, large bedrooms, and low maintenance lawn. It has it all! (This property may qualify for Seller Financing (Vendee). Property was built prior to 1978 and lead based paint may potentially exist.) This is an As Is property and Sellers will not be making any repairs all offers need to be submitted by 4/09/2019 by 12 pm noon

Investor Tools

Property Icon
$367,000
Estimated Property Value
$320,744Estimated Mortgage Balance
$46,256Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$769/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,389
$367,000
2025
$55,000
$312,000
$367,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,389
$367,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Open End Mortgage / Open End With Future Advance Clause
$340,000
No
First
Apr 24, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,744
$46,256
12%
87%
$2,039/mo

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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5708 Gary Ave | Property Details | No Agent List