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$150,000

606 Bangor Avenue, Lubbock, TX, 79416

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,203 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.69 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Oven, Free-Standing Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesNone
Lot Size7,335 sqft

Building Information

Year Built1964
Roof Type105
Garage Spaces1

Land Information

APNR28812
Lot Number7090
SubdivisionPleasant Ridge
Land UseResidential
Legal DescriptionPLEASANT RIDGE L 709 & S2'OF 708
Census Tract000402
Assessed Land Value$12,540
Assessed Improvement Value$107,085
Assessment Year2025

About this property

Move-in-ready and conveniently located near Texas Tech University and Lubbock Christian University, this updated Lubbock home features vinyl plank flooring, fresh paint, spacious bedrooms, and strong rental potential. Affordable, low-maintenance, and full of opportunity. Come see it today!

Investor Tools

$87,820Estimated Mortgage Balance
$70,180Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

Interested in this property?

Jim Archer

Steadfast Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,172
$119,625
2025
$12,540
$107,085
$119,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,172
$119,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Unknown
$95,275
No
First
Mar 10, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,820
$70,180
44%
56%
$572/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$572/mo
+$1,068/mo
12.5%

City: Lubbock

606 Bangor Avenue | Property Details | No Agent List