$120,778
NAL Estimated Property Value6609 S Ave S, Lubbock, TX, 79412
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size5,792 sqft
Building Information
Year Built1972
Roof Type105
Garage Spaces1
Land Information
APNR131193
Lot Number2220
SubdivisionTarrytown
Land UseResidential
Legal DescriptionTARRYTOWN L 222 LESS S9'
Census Tract002207
Assessed Land Value$24,000
Assessed Improvement Value$96,778
Assessment Year2025
About this property
Great 3/1 starter or investment property. It has a high privacy fence, extra parking in the front. Awesome Home! Beautiful home in a great location. Showing Instructions:
Investor Tools
$120,778
Estimated Property Value
$102,582Estimated Mortgage Balance
$18,196Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,081
$120,778
2025
$24,000
$96,778
$120,778
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,081
$120,778
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$108,000
No
First
Aug 3, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,582
$18,196
15%
85%
$648/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$648/mo
+$777/mo
14.2%
