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$117,000

719 E Tulane St, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
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
$75,922Estimated Mortgage Balance
$43,570Estimated Equity
35% 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%

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.

Explore Texas Explore This Area
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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719 E Tulane St | Property Details | No Agent List