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$328,000

NAL Estimated Property Value

6108 Evanston Ave, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,507 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.55 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave

Exterior

Lot Size8,250 sqft

Building Information

Year Built1981
Roof Type105
Garage Spaces2

Land Information

APNR55292
Lot Number170
SubdivisionFarrar Del Norte
Land UseResidential
Legal DescriptionFARRAR DEL NORTE L 17
Census Tract001712
Assessed Land Value$18,000
Assessed Improvement Value$279,406
Assessment Year2025

About this property

Charming home with tons of character. Updated 4/2/2 with great sun porch with bead board ceiling, brick flooring. Shutters. French doors. 2 Fireplaces. Lots of built-ins and storage. Kitchen has granite, china cabinet, under counter lighting, brick flooring. Huge Spa style master bathroom. Walk in shower. Garden tub. House and yard is all handicap accessible. Covered porch, Trex deck and gazebo, flagstone patio, 5 huge oak trees, lush lawn and perennials in beds. South side of the home has a great dog run area or plenty of room for storage. Convenient location to shopping. Your clients will love this great home and yard.

Investor Tools

Property Icon
$328,000
Estimated Property Value
$176,603Estimated Mortgage Balance
$151,397Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,566
$297,406
2025
$18,000
$279,406
$297,406
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,566
$297,406

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citybank
Va
$224,161
Yes
First
May 11, 2016
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,603
$151,397
46%
54%
$1,344/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,344/mo
+$346/mo
6.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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6108 Evanston Ave | Property Details | No Agent List