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$168,000

NAL Estimated Property Value

6022 Orlando Ave, Lubbock, TX, 79413

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,393 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$77.17 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,780 sqft

Building Information

Year Built1961
Roof Type105
Garage Spaces1

Land Information

APNR128816
Lot Number1200
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionBROADMOOR L 120
Census Tract001907
Assessed Land Value$18,000
Assessed Improvement Value$84,268
Assessment Year2025

About this property

Great value in the Miller School district. This 3 bedroom 2 bath home has great tile work in the bathrooms, crown molding, and nice backsplash in the large kitchen. Large utility room. Large backyard w/mature trees. Newer garage door and opener. Hot water heater was recently replaced. Would be great for 1st time home buyer but has rented for $1,000 per month.

Investor Tools

Property Icon
$168,000
Estimated Property Value
$0Estimated Mortgage Balance
$168,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,857
$102,268
2025
$18,000
$84,268
$102,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,857
$102,268

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
11.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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6022 Orlando Ave | Property Details | No Agent List