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$242,000

NAL Estimated Property Value

6101 Englewood Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.74 / sqft
Year BuiltBuilt in 1985

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
AppliancesDishwasher, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size8,904 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APNR55767
Lot Number320
SubdivisionFarrar Del Norte
Land UseResidential
Legal DescriptionFARRAR DEL NORTE L 32
Census Tract001712
Assessed Land Value$19,590
Assessed Improvement Value$201,878
Assessment Year2025

About this property

Class 4 Roof (March 2020) + Large Finished out Shop with separate HVAC - Electrical outlets/ Breaker Box and Tracks/Bracing for an overhead door (so many options w/ this Shop!) + Culdesac Street! Fantastic 3/2/2 open concept home with Vinyl Plank floors, Large bedrooms and Storage! HVAC system has a UV filter system that cleans the air. Backyard offers a large shop and padded area for playground or trampoline. Easy access to Loop 289, Marsha Sharp Fwy, Restaurants, and Shopping. Check out the Virtual Tour

Investor Tools

Property Icon
$242,000
Estimated Property Value
$156,014Estimated Mortgage Balance
$85,986Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,988
$221,468
2025
$19,590
$201,878
$221,468
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,988
$221,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$173,850
No
First
Jan 5, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,014
$85,986
35%
64%
$1,043/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,043/mo
+$397/mo
7.1%

City: Lubbock

6101 Englewood Ave | Property Details | No Agent List