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$278,000

NAL Estimated Property Value

6506 26th St, Lubbock, TX, 79407

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,120 Sq Ft
price_per_sqft$73.11 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator

Exterior

Lot Size6,712 sqft

Building Information

Year Built1983
Roof Type114

Land Information

APNR52955
Lot Number30
SubdivisionRidgewood Ii
Land UseResidential
Legal DescriptionRIDGEWOOD II L 3
Census Tract001714
Assessed Land Value$5,040
Assessed Improvement Value$149,562
Assessment Year2025

About this property

Wonderful Ridgewood Duplex in great location! Many updates to property including vinyl wood plank flooring in living room and hallway, tile in wet areas, vaulted ceilings in living room, washer and dryer closet in kitchen, refrigerator included, recently new roof with exterior paint, master bathroom with full bathroom, sliding doors from master bedroom to fenced backyard, and more!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$214,343Estimated Mortgage Balance
$63,657Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,955
$154,602
2025
$5,040
$149,562
$154,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,955
$154,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Bank
Commercial
$242,250
No
First
Jun 10, 2020
Jun 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,343
$63,657
22%
77%
$1,453/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,453/mo
+$219/mo
7.2%

City: Lubbock

6506 26th St | Property Details | No Agent List