Last 24 Hours
$395,924
NAL Estimated Property Value5839 7th St, Lubbock, TX, 79416
Recently Sold
9/01/26
12 Beds
8 Bath
4,924 Sq Ft
Quadruplex
$99.51 / sqft
Built in 2004Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 12
Bathrooms 8Exterior
Lot Size11,220 sqft
Building Information
Year Built2004
Garage Spaces8
Land Information
APNR70952
Lot Number230
SubdivisionCrows Nest
Land UseResidential
Legal DescriptionCROWS NEST L 23-A-1 THRU 23-C-1
Census Tract000408
Assessed Land Value$33,660
Assessed Improvement Value$362,264
Assessment Year2025
About this property
Turnkey Quadraplex in Frenship ISD! Four well-designed units...proven income-producing investment~ Each unit features an identical 3 Bedroom, 2 Bath floor plan...spacious living area open to well equipped kitchen with pantry~ Primary suite with walk in closet and ensuite bath, tub/shower combination~ Washer/dryer connections~ Private BALCONY~ Oversized attached 2 car garage adds valuable storage and strong tenant appeal. Professionally managed, well maintained, and ideally located... this income producing property is a valuable addition to any investment portfolio!
Investor Tools
$395,924
Estimated Property Value
$0Estimated Mortgage Balance
$395,924Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,152
$395,924
2025
$33,660
$362,264
$395,924
No
Tax History
Year
Tax Paid
Assessed Value
2025
$8,152
$395,924
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$395,924
100%
0%
$0/mo
12.4%