$238,000
NAL Estimated Property Value7107 Wayne Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size7,700 sqft
Building Information
Year Built1976
Roof Type105
Land Information
APNR62986
Lot Number980
SubdivisionSpanish Oaks
Land UseResidential
Legal DescriptionSPANISH OAKS L 98
Census Tract001804
Assessed Land Value$9,100
Assessed Improvement Value$205,742
Assessment Year2025
About this property
Sold before issue
Investor Tools
$238,000
Estimated Property Value
$163,460Estimated Mortgage Balance
$74,540Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,953
$214,842
2025
$9,100
$205,742
$214,842
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,953
$214,842
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$182,875
No
First
Nov 23, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,460
$74,540
31%
69%
$1,097/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,097/mo
+$593/mo
8.5%
