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$185,050

NAL Estimated Property Value

6607 Avenue U, Lubbock, TX, 79412

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,439 Sq Ft
price_per_sqft$96.59 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,560 sqft

Building Information

Year Built1967
Roof Type105
Garage Spaces2

Land Information

APNR125717
Lot Number240
SubdivisionTarrytown
Land UseResidential
Legal DescriptionTARRYTOWN N63'OF L 24
Census Tract002207
Assessed Land Value$24,000
Assessed Improvement Value$164,794
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2-bathroom home located in the established neighborhood. This home offers a functional floor plan with spacious living areas. The kitchen opens to the dining space, and the bedrooms provide comfortable layouts with ample storage. Features include central heating and cooling, brick and masonry exterior, and an attached garage. Recently installed vinyl flooring and fresh exterior paint. The fenced backyard offers plenty of room for outdoor activities, pets, or future landscaping projects. Conveniently located near schools, shopping, and dining, this property is a great opportunity for a first-time homebuyer, investor, or anyone looking to add value with updates. The roof will be replaced before closing and buyer chooses color, seller is also offering $10,000 in plumbing concessions. Schedule your showing today! *Fresh paint in Master Bedroom, broken window fixed, brand new light bulbs, brand new range wood*

Investor Tools

Property Icon
$185,050
Estimated Property Value
$69,515Estimated Mortgage Balance
$115,535Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,147
$185,050
2025
$24,000
$164,794
$188,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,147
$185,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Unknown
$81,500
No
First
Jan 15, 2019
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,515
$115,535
62%
38%
$489/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$489/mo
+$936/mo
9.2%

City: Lubbock

6607 Avenue U | Property Details | No Agent List