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$172,926

6118 35th Street, Lubbock, TX, 79407

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.45 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range
FlooringCarpet

Exterior

Exterior FeaturesNone
Lot Size7,150 sqft

Building Information

Year Built1975
Roof Type105
Garage Spaces2

Land Information

APNR133131
Lot Number50
SubdivisionPark Lorraine
Land UseResidential
Legal DescriptionPARK LORRAINE L 5
Census Tract001715
Assessed Land Value$8,450
Assessed Improvement Value$164,476
Assessment Year2025

About this property

This charming home has been very well taken care of and is located in a convenient location near shopping, easy access to Marsha Sharp Freeway, medical and Texas Tech, all while being in Frenship School District as well making for a great multi-use property. The home features 3 bedrooms, 2 full bathrooms and a 2 car garage on a corner lot. The kitchen is still open to the living room while allowing for separation at the same time.

Investor Tools

Property Icon
$172,926
Estimated Property Value
$0Estimated Mortgage Balance
$172,926Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$525
$172,926
2025
$8,450
$164,476
$172,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$525
$172,926

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,926
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
9.9%

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.

Explore Texas Explore This Area
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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6118 35th Street | Property Details | No Agent List