Last 24 Hours
$235,000
NAL Estimated Property Value6114 37th St, Lubbock, TX, 79407
Off Market
2 Beds
2 Bath
1,788 Sq Ft
$63.7 / sqft
Built in 1980Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 3
Indoor Fireplace
Heating Central
CoolingAppliancesDishwasher
Exterior
Lot Size6,600 sqft
Building Information
Year Built1980
Roof Type105
Land Information
APNR137384
Lot Number1590
SubdivisionPark Lorraine
Land UseResidential
Legal DescriptionPARK LORRAINE L 159
Census Tract001715
Assessed Land Value$7,800
Assessed Improvement Value$133,860
Assessment Year2025
About this property
Nice area to have a few rentals with good cash flow. Centrally located by all the new shopping and eating establishments just west of the loop and 34th. Every type of shopping and eating you can want. Also very convenient to the medical district and Texas Tech. These are each 2 bedroom and 1 full bathroom with a half bathroom as well. Living room has a fireplace and opens to the kitchen. Good size backyard and is in a Cul-De-Sac. Newer paint and flooring. Should go fast.
Investor Tools
$235,000
Estimated Property Value
$0Estimated Mortgage Balance
$235,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,924
$141,660
2025
$7,800
$133,860
$141,660
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,924
$141,660
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$235,000
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
8.5%
12.4%