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$191,000

NAL Estimated Property Value

616 Ironton Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,321 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.83 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Oven, Stainless Steel Appliance(s), Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesFire Pit, Other, Private Yard
Lot Size7,020 sqft

Building Information

Year Built1983
Roof Type114
Garage Spaces2

Land Information

APNR39542
Lot Number2170
SubdivisionRevier Farm
Land UseResidential
Legal DescriptionREVIER FARM L 217
Census Tract000407
Assessed Land Value$19,500
Assessed Improvement Value$159,278
Assessment Year2025

About this property

Welcome to 616 Ironton Avenue, a charming 3bedroom, 2bath home nestled in the desirable Revier Farms subdivision within Frenship ISD. Boasting 1,321sq.ft of comfortable living space this residence combines cozy interiors with plenty of outdoor potential. Step inside and discover a warm, inviting layout featuring a spacious living area that flows into a functional kitchen—equipped with essential appliances, abundant cabinetry, unique wood plank ceiling, and a thoughtful design perfect for everyday living . The three bedrooms offer ample space and privacy, while two full baths provide convenience and versatility. The home includes central heating and cooling systems for year round comfort. Updated features include: new flooring throughout (2020), roof (2019), AC (2022), windows (2021), and siding (2023). Outside, enjoy the privacy of a sizable, fenced backyard ideal for pets, play, or gardening—plus plenty of space for outdoor entertaining. Beyond the home itself, the location is a standout. Situated in the Frenship ISD, residents benefit from access to well-regarded schools and friendly atmosphere. Just minutes away from Loop 289, you'll have easy access to Texas Tech, shopping centers, medical facilities, and a vibrant selection of dining options. This property represents an excellent opportunity for first-time buyers, downsizers, or investors seeking a home in a strong neighborhood. With its blend of comfort, practicality, and location, 616 Ironton is ready for your personal touch—whether you envision a relaxed family home or a refreshed investment.

Investor Tools

Property Icon
$191,000
Estimated Property Value
$150,003Estimated Mortgage Balance
$40,997Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,654
$178,778
2025
$19,500
$159,278
$178,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,654
$178,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$152,000
No
First
Aug 21, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,003
$40,997
21%
79%
$912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$912/mo
+$728/mo
10.3%

Learn About the Market: Opportunity in Texas

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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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616 Ironton Ave | Property Details | No Agent List