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Owner Contacts

$382,414

NAL Estimated Property Value

6606 Itasca St, Lubbock, TX, 79416

Off Market

4 Beds

2 Bath

2,510 Sq Ft

Single Family Residence

$99.6 / sqft

Built in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave

FlooringCarpet

Exterior

Lot Size22,504 sqft

Building Information

Year Built2006

Roof Type105

Garage Spaces3

Land Information

APNR310412

Lot Number20

SubdivisionShadow Hills Estates

Land UseResidential

Legal DescriptionSHADOW HILLS ESTATES L 2

Census Tract010417

Assessed Land Value$22,000

Assessed Improvement Value$360,414

Assessment Year2025

About this property

Wonderful home on 1/2 acre lot in Frenship. On a quiet cul-de-sac. Nice front porch. Perfect for entertaining with open concept. Inviting. Large bedrooms with great closets! Great storage. The formal dining room can function as a flexible space and would make a great office, 2nd living area, or game room. An extra detached single car garage is 16 x 24 with power. Sprinkler system in front yard! John Deere riding lawn mower will convey! The 1/2 acre provides plenty room to add a garden or outdoor kitchen/fireplace. Brand new United Grocery with Starbucks opened October 2017 approx 1 mile from this home! Elem School within 2 blocks. Within 10 minutes of hospital district and Texas Tech University! Quiet living with all the conveniences of shopping & dining & entertainment within a quick drive! A great place to call home! Don't miss this one! Seller is offering a 1 year Home Warranty! Seller will have fence installed with acceptable contract. Easy & convenient access to Shallowater

Investor Tools

$382,414

Estimated Property Value

$265,777Estimated Mortgage Balance

$116,637Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,294 /month

Positive

Cash Flow Estimate:

$765 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$800/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,687

$382,414

2025

$22,000

$360,414

$382,414

Tax History

Year

Tax Paid

Assessed Value

2024

$7,687

$382,414

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Fha

$245,471

Yes

First

Mar 26, 2018

Apr 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$265,777

$116,637

30%

69%

$1,857/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,920/mo

$1,857/mo

+$63/mo

6.0%

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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