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$262,000

NAL Estimated Property Value

6614 Hope Ave, Lubbock, TX, 79424

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,142 Sq Ft
price_per_sqft$86.37 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,100 sqft

Building Information

Year Built1984
Roof Type105
Garage Spaces1

Land Information

APNR62150
Lot Number70
SubdivisionStonegate
Land UseResidential
Legal DescriptionSTONEGATE L 7
Census Tract001717
Assessed Land Value$21,750
Assessed Improvement Value$172,273
Assessment Year2025

Investor Tools

Property Icon
$262,000
Estimated Property Value
$111,493Estimated Mortgage Balance
$150,507Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,005
$194,023
2025
$21,750
$172,273
$194,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,005
$194,023

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jmac Lending Inc
Conventional
$123,750
No
First
Mar 31, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,493
$150,507
57%
43%
$742/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$742/mo
+$948/mo
7.7%

City: Lubbock

6614 Hope Ave | Property Details | No Agent List