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$189,000

NAL Estimated Property Value

5738 37th, Lubbock, TX

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,487 Sq Ft
price_per_sqft$127.77 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave
FlooringLaminate

Exterior

Lot Size6,785 sqft

Building Information

Year Built1970
Roof Type105
Garage Spaces2

Land Information

APNR82555
Lot Number700
SubdivisionTown West
Land UseResidential
Legal DescriptionTOWN WEST W59'OF L 70 & E2'OF 71
Census Tract001710
Assessed Land Value$30,500
Assessed Improvement Value$145,390
Assessment Year2025

About this property

This gem is a true 4 bedroom! Isolated master bedroom has it's own bathroom with a huge shower and walk in closet. Laminated wood flooring throughout the house. Shady backyard is a great play area or space to unwind in the evenings. Storage building in the back has electricity. Just minutes away from Costco and other shopping in the West End.

Investor Tools

Property Icon
$189,000
Estimated Property Value
$164,297Estimated Mortgage Balance
$24,703Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,283
$175,890
2025
$30,500
$145,390
$175,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,283
$175,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$172,975
Yes
First
Aug 25, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,297
$24,703
13%
87%
$1,038/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,038/mo
+$634/mo
10.6%

City: Lubbock