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$229,000

6502 89th Street, Lubbock, TX, 79424

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.52 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesAwning(s), Lighting, Private Yard, Smart Irrigation
Lot Size6,160 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR303475
Lot Number6090
SubdivisionMonterey
Land UseResidential
Legal DescriptionMONTEREY L 609
Census Tract010414
Assessed Land Value$8,000
Assessed Improvement Value$183,722
Assessment Year2025

About this property

Charming and well maintained 3 bedroom, 2 bathroom home in Lubbock with a 2 car garage. This inviting property features a spacious open living area with plenty of natural light and a comfortable layout that flows into the kitchen, making it perfect for everyday living and entertaining. The kitchen offers ample cabinet space and easy access to the dining area. Recent updates include a brand new roof and fresh interior paint throughout, giving the home a clean and move in ready feel. The primary suite provides a private retreat with its own bathroom and generous closet space. Two additional bedrooms offer flexibility for guests, a home office, or growing families. Outside, you will find a newly built shed on a concrete pad, ideal for extra storage or workspace. The backyard has room to enjoy outdoor activities or create your own personal oasis. Located with easy access to main roads, shopping, and dining, this home is a great opportunity for comfort and convenience.

Investor Tools

$132,614Estimated Mortgage Balance
$98,386Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

Interested in this property?

Whitney Pendergrass

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,328
$191,722
2025
$8,000
$183,722
$191,722
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,328
$191,722

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$148,965
Yes
First
Oct 6, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,614
$98,386
42%
57%
$894/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$894/mo
+$546/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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6502 89th Street | Property Details | No Agent List