$114,874
NAL Estimated Property Value602 Walnut Ave, Lubbock, TX, 79403
Off Market
Highlights
Interior
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
$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
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%
