Last 24 Hours
$175,000
6109 37th St, Lubbock, TX, 79407
On Market
4 Beds
2 Bath
1,785 Sq Ft
Duplex
$98.04 / sqft
Built in 1980Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Heating Central
CoolingExterior
Lot Size6,600 sqft
Building Information
Year Built1980
Roof Type105
Land Information
APNR137685
Lot Number1700
SubdivisionPark Lorraine
Land UseResidential
Legal DescriptionPARK LORRAINE L 170
Census Tract001715
Assessed Land Value$7,800
Assessed Improvement Value$119,096
Assessment Year2025
About this property
Great West Lubbock duplex offering two separate units with comfortable layouts and a convenient location. Situated near Loop 289, Lubbock Christian University, shopping, dining, and everyday conveniences, this property offers easy access to everything West Lubbock has to offer. A great opportunity for rental income or investment!
Investor Tools
$71,799Estimated Mortgage Balance
$186,043Estimated Equity
69% 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?
ContactFinancing 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
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Unknown
$94,000
No
First
Jun 30, 2015
Jun 2020
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,799
$162,201
69%
28%
$564/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$564/mo
+$1,108/mo
7.8%
12.4%