$272,000
NAL Estimated Property Value5915 Highway 84, Lubbock, TX, 79416
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Exterior FeaturesNone
Lot Size40,511 sqft
Building Information
Year Built1960
Roof Type105
Garage Spaces3
Land Information
APNR72934
Lot Number2900
Land UseResidential
Legal DescriptionBLK JS SEC 23 AB 345 TR D ACS: .93
Census Tract010301
Assessed Land Value$14,179
Assessed Improvement Value$212,605
Assessment Year2025
About this property
Exciting and rare opportunity! This property sits in the ideal location for a future business, or a home! This particular stretch of highway no longer allows drive-ways to be put in right off the road, most lots require access through a back road. Not this one! This drive-way sits right off the access road, and has been grandfathered in to ensure that entrance never has to change! Sitting just under an acre, already equip with a well and electricity, with a 3,261 sq ft home, the opportunities are endless. Take advantage of this incredible opportunity today!
Investor Tools
$272,000
Estimated Property Value
$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,173
$226,784
2025
$14,179
$212,605
$226,784
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,173
$226,784
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
7.2%
