$255,000
NAL Estimated Property Value604 Ironton Ave, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,494 sqft
Building Information
Year Built1983
Roof Type114
Land Information
APNR39382
Lot Number2110
SubdivisionRevier Farm
Land UseResidential
Legal DescriptionREVIER FARM L 211
Census Tract000407
Assessed Land Value$18,687
Assessed Improvement Value$199,232
Assessment Year2025
Investor Tools
$255,000
Estimated Property Value
$62,875Estimated Mortgage Balance
$192,125Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,452
$217,919
2025
$18,687
$199,232
$217,919
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,452
$217,919
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$82,800
No
First
Apr 2, 2015
Apr 2045
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,875
$192,125
75%
25%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
N/A
+$1,920/mo
9.0%
