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$193,964

NAL Estimated Property Value

603 Justice Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,366 Sq Ft
price_per_sqft$124.08 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Range
FlooringLaminate, Tile

Exterior

Lot Size8,642 sqft

Building Information

Year Built1998
Roof Type114
Garage Spaces2

Land Information

APNR147602
Lot Number2530
SubdivisionWestchester Park
Land UseResidential
Legal DescriptionWESTCHESTER PARK L 253-A
Census Tract000407
Assessed Land Value$20,000
Assessed Improvement Value$173,964
Assessment Year2025

About this property

Westchester Park in the Frenship school district is the location of this home. The home is on a corner lot, has carport over the driveway, side entry garage, and covered parking in back for RV. It has newer fence, roof in the last five years, owner is replacing oven & dishwasher with new, and the home is cleaned and ready to go. Priced great for a good buy, the lowest price/sq. ft. in the area for this price range. Make your appointment today, contact listing agent with any questions you may have.

Investor Tools

Property Icon
$193,964
Estimated Property Value
$157,219Estimated Mortgage Balance
$36,745Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,890
$193,964
2025
$20,000
$173,964
$193,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,890
$193,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$161,025
No
First
Jan 17, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,219
$36,745
18%
81%
$966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$966/mo
+$674/mo
10.1%

City: Lubbock

603 Justice Ave | Property Details | No Agent List