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$238,000

5724 74th Street, Lubbock, TX, 79424

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,885 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.26 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesStorage
Lot Size7,966 sqft

Building Information

Year Built1976
Roof Type105
Garage Spaces2

Land Information

APNR82316
Lot Number7230
SubdivisionFarrar Estates
Land UseResidential
Legal DescriptionFARRAR ESTATES L 723
Census Tract001713
Assessed Land Value$10,500
Assessed Improvement Value$212,519
Assessment Year2025

About this property

Charming and well-maintained 3/2/2 home nestled in an established neighborhood. This inviting property offers a spacious living area with a cozy fireplace and laminate wood flooring-perfect for relaxing or entertaining. The isolated primary suite provides a walk-in closet. Additional highlights include plantation shutters, a sprinkler system, gas logs, and a backyard storage shed for extra convenience. Enjoy outdoor living in the large backyard with plenty of space to make it your own. This home combines comfort, functionality, and value - don't miss your opportunity to make it your own after 9/30/26! New roof was installed 4/2026 Lease agreement $1599/month. Loyal tenants of over 10 years. This property can be added to your portfolio or combined with 5725 63rd street as a package.

Investor Tools

$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

Erica Freeman

Aycock Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,596
$223,019
2025
$10,500
$212,519
$223,019
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,596
$223,019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
7.3%

City: Lubbock