$193,964
NAL Estimated Property Value603 Justice Ave, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$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
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%
