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$224,800

5725 63rd Street, Lubbock, TX, 79424

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.54 / sqft
Year BuiltBuilt in 1981

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
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage
Lot Size8,250 sqft

Building Information

Year Built1981
Roof Type105
Garage Spaces529

Land Information

APNR58769
Lot Number1380
SubdivisionFarrar Del Norte
Land UseResidential
Legal DescriptionFARRAR DEL NORTE L 138
Census Tract001712
Assessed Land Value$18,000
Assessed Improvement Value$190,475
Assessment Year2025

About this property

Spacious 3/2/2 in a well established neighborhood. The large master bedroom has separate his and her closets, dressing areas and vanity. Relax in the inviting living room with the large fireplace. The home has a large storage building in back with electricity. New roof was installed 4/2026. Leased at $1625/month. Expires 9/30/2026. Loyal tenants of 10+ years. Add this to your portfolio or can be purchased as a packaged deal with 5724 74th street.

Investor Tools

$0Estimated Mortgage Balance
$228,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /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
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,786
$208,475
2025
$18,000
$190,475
$208,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,786
$208,475

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
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
7.6%

City: Lubbock