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$178,000

NAL Estimated Property Value

6301 E Fm 40, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
price_per_sqft$70.85 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
FlooringVinyl

Exterior

Lot Size21,780 sqft

Building Information

Year Built1954
Garage Spaces1

Land Information

APNR70011
Lot Number4100
Land UseResidential
Legal DescriptionBLK A SEC 24 AB 1227 TR F3 ACS: .48
Census Tract010204
Assessed Land Value$7,000
Assessed Improvement Value$129,408
Assessment Year2025

About this property

Beautiful house in Roosevelt District! Spacious rooms great for entertaining! With granite countertops,vinyl planks recently placed through out, and a new well! Schedule your showing today!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$111,566Estimated Mortgage Balance
$66,434Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$598
$121,867
2025
$7,000
$129,408
$136,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$598
$121,867

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Infinity Mortgage Holdings Llc
Fha
$120,772
Yes
First
Jan 17, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,566
$66,434
37%
63%
$765/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$765/mo
+$660/mo
9.6%

City: Lubbock

6301 E Fm 40 | Property Details | No Agent List