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$114,874

NAL Estimated Property Value

602 Walnut Ave, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,152 Sq Ft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,145 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces240

Land Information

APNR27596
Lot Number10
SubdivisionEldredge Joiner Pearson
Land UseResidential
Legal DescriptionELDREDGE JOINER PEARSON BLK 1 L 1A
Census Tract001000
Assessed Land Value$450
Assessed Improvement Value$114,424
Assessment Year2025

About this property

Vacant Lot for sale! This is a double lot, and would be a great location for your new home, or investment! Just under half an acre of space, this will give you plenty of room for your dream home and set up!

Investor Tools

Property Icon
$114,874
Estimated Property Value
$81,403Estimated Mortgage Balance
$33,471Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$689 /month
Positive
Cash Flow Estimate:
$230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,107
$114,874
2025
$450
$114,424
$114,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,107
$114,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prudential Investment Company Llc
Unknown
$90,000
No
First
May 7, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,403
$33,471
29%
71%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$540/mo
+$885/mo
14.9%

City: Lubbock

602 Walnut Ave | Property Details | No Agent List