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$175,000

6107 37th St, Lubbock, TX, 79407

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,785 Sq Ft
price_per_sqft$98.04 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
FlooringCarpet, Luxury Vinyl, Tile

Exterior

Exterior FeaturesLighting
Lot Size6,600 sqft

Building Information

Year Built1980
Roof Type105

Land Information

APNR137658
Lot Number1690
SubdivisionPark Lorraine
Land UseResidential
Legal DescriptionPARK LORRAINE L 169
Census Tract001715
Assessed Land Value$7,800
Assessed Improvement Value$119,096
Assessment Year2025

About this property

Excellent investment opportunity! This well-maintained duplex at 6107 37th St offers immediate income potential with both units currently leased. Each side provides a functional layout with comfortable living spaces, making this a great addition to an investor's portfolio. With tenants already in place, you can start generating rental income from day one. Conveniently located near shopping, dining, schools, and major roadways. Don't miss this opportunity to own an income-producing property in Lubbock!

Investor Tools

$0Estimated Mortgage Balance
$257,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

Interested in this property?

Tony Lloyd

Realty Refined

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,925
$126,896
2025
$7,800
$119,096
$126,896
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,925
$126,896

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$234,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
N/A
+$1,672/mo
7.8%

City: Lubbock

6107 37th St | Property Details | No Agent List