$177,954
NAL Estimated Property Value607 Chicago Ave, Lubbock, TX, 79416
Off Market
Property Lead Type:
Absentee OwnerVacant Homes
Highlights
Interior
Exterior
Exterior FeaturesStorage
Lot Size7,702 sqft
Building Information
Year Built1966
Roof Type105
Garage Spaces2
Land Information
APNR29778
Lot Number7430
SubdivisionPleasant Ridge
Land UseResidential
Legal DescriptionPLEASANT RIDGE L 743
Census Tract000402
Assessed Land Value$28,000
Assessed Improvement Value$149,954
Assessment Year2025
About this property
This charming home offers comfortable living space, perfect for family or investors. The storage unit in back yard brings a tons of storage space. Fresh paint throughout the house. With easy access to Loop 289, this home is ideally located for quick commutes and everyday convenience. Fridge washer and dryer stay.
Investor Tools
$177,954
Estimated Property Value
$155,896Estimated Mortgage Balance
$22,058Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,935
$177,954
2025
$28,000
$149,954
$177,954
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,935
$177,954
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Unknown
$156,120
No
First
Apr 1, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,896
$22,058
12%
88%
$937/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$937/mo
+$703/mo
11.1%
