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$264,000

NAL Estimated Property Value

6614 Grover Avenue, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,920 Sq Ft
DuplexDuplex
price_per_sqft$117.19 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size7,245 sqft

Building Information

Year Built1995
Roof Type105
Garage Spaces2

Land Information

APNR60749
Lot Number70
SubdivisionSagewood
Land UseResidential
Legal DescriptionSAGEWOOD L 7
Census Tract001717
Assessed Land Value$20,010
Assessed Improvement Value$215,470
Assessment Year2025

About this property

Spacious and well maintained duplex in a convenient Lubbock location, offering a fantastic opportunity for investors or owner occupants. Each side features 2 bedrooms and 2 full bathrooms with a functional layout designed for comfortable living. Both units include a private 1 car garage, individual entrances, and their own fenced backyard, providing privacy and outdoor space that tenants appreciate. The interiors offer cozy living areas with fireplaces, practical kitchen and dining spaces, and finishes that are easy to personalize. The property sits on a quiet residential street with mature trees and ample parking. This duplex provides strong rental potential with separate living spaces and desirable amenities for long term tenants. Whether you are looking to expand your investment portfolio or live in one unit while renting the other, this property offers flexibility, value, and steady income potential in the growing Lubbock market.

Investor Tools

Property Icon
$264,000
Estimated Property Value
$67,410Estimated Mortgage Balance
$196,590Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,793
$235,480
2025
$20,010
$215,470
$235,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,793
$235,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Green Tree Servicing Llc
Conventional
$93,600
No
First
Dec 5, 2013
Jan 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,410
$196,590
74%
26%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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6614 Grover Avenue, Lubbock, TX 79424 | Property Details | No Agent List