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$128,000

NAL Estimated Property Value

617 39th St, Lubbock, TX, 79404

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,805 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$77.01 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesNone
Lot Size7,150 sqft

Building Information

Year Built1955
Roof Type114

Land Information

APNR90109
Lot Number3
SubdivisionScales
Land UseResidential
Legal DescriptionSCALES BLK 2A W35'OF L 2 & E20'OF L 3
Census Tract002402
Assessed Land Value$18,000
Assessed Improvement Value$72,074
Assessment Year2025

About this property

Discover this inviting 4-bedroom, 3-bathroom home nestled in the heart of Lubbock's Scales neighborhood. Built in 1955, this residence offers 1,804 sq. ft. of living space on a 7,150 sq. ft. lot, combining classic charm with modern comfort. This home is ideal for first-time buyers, small families, or investors seeking a solid property in a well-established neighborhood.

Investor Tools

Property Icon
$128,000
Estimated Property Value
$135,302Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,354
$90,074
2025
$18,000
$72,074
$90,074
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,354
$90,074

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Unknown
$129,609
No
First
Jan 26, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,302
N/A
0%
106%
$817/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$817/mo
+$608/mo
13.4%

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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617 39th St | Property Details | No Agent List