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$195,000

5861 Virginia Ave, Lubbock, TX, 79407

$199,631 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,578 Sq Ft
DuplexDuplex
price_per_sqft$123.57 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Free-Standing Range
FlooringVinyl

Exterior

Lot Size2,990 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces1

Land Information

APNR345363
Lot Number1920
SubdivisionEscondido Crossing
Land UseResidential
Legal DescriptionESCONDIDO CROSSING L 192
Census Tract010419
Assessed Land Value$28,000
Assessed Improvement Value$150,932
Assessment Year2025

About this property

Come see this beautiful New Completed Construction Townhome in Escondido Crossing. $5,000 Flex cash offered!! This 3 bedroom, 2 baths, and 1 car garage boasts granite countertops, vinyl plank flooring, fenced, landscaped and a great location in Frenship School District. Perfect for investors!!

Investor Tools

$0Estimated Mortgage Balance
$244,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$199,630
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

Interested in this property?

Liz Karr

Aycock Realty Group, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,873
$178,932
2025
$28,000
$150,932
$178,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,873
$178,932

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$239,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
7.0%

City: Lubbock