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$117,000

NAL Estimated Property Value

719 E Tulane St, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,260 Sq Ft
price_per_sqft$51.59 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling

Exterior

Lot Size8,220 sqft

Building Information

Year Built1951
Roof Type114

Land Information

APNR108090
Lot Number210
SubdivisionClayton Carter
Land UseResidential
Legal DescriptionCLAYTON CARTER BLK 5 L 20
Census Tract000100
Assessed Land Value$12,375
Assessed Improvement Value$50,956
Assessment Year2025

About this property

Looking for a great investment property? Located in a quiet area in North LBK close to the airport! There is plenty of up-side available here, whether you are looking for a property to keep as a rental or flip this could be a great option for you! The property does need some clean up, but look past and see the tall ceilings all through the home, the nicely redone bathroom, the central HVAC system and the LARGE bedrooms. Seller is willing to hear out all offers, so lets get you a tour scheduled!!

Investor Tools

Property Icon
$117,000
Estimated Property Value
$73,430Estimated Mortgage Balance
$43,570Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$702 /month
Positive
Cash Flow Estimate:
$234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,580
$63,331
2025
$12,375
$50,956
$63,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,580
$63,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Commercial
$75,922
No
First
Jul 22, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,430
$43,570
37%
63%
$456/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$456/mo
+$969/mo
14.6%

City: Lubbock

719 E Tulane St | Property Details | No Agent List