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$113,702

NAL Estimated Property Value

7405 Fir Ave, Lubbock, TX, 79404

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,106 Sq Ft
price_per_sqft$54.25 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringLaminate

Exterior

Lot Size7,680 sqft

Building Information

Year Built1980
Roof Type114
Garage Spaces1

Land Information

APNR97190
Lot Number230
SubdivisionRobbie Marion Heights
Land UseResidential
Legal DescriptionROBBIE MARION HTS L 23
Census Tract002500
Assessed Land Value$1,800
Assessed Improvement Value$111,902
Assessment Year2025

About this property

Reduced $12,000!!! Cute little home with nice amenities like laminate wood floors, tile in the wet areas, it is well kept and move in ready. This house normally rents for over $850/month. Great investment opportunity at this new price.

Investor Tools

Property Icon
$113,702
Estimated Property Value
$47,079Estimated Mortgage Balance
$66,623Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$682 /month
Positive
Cash Flow Estimate:
$227 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,042
$113,702
2025
$1,800
$111,902
$113,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,042
$113,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Commercial
$58,500
No
First
Jan 24, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,079
$66,623
58%
41%
$351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$351/mo
+$1,074/mo
15.0%

City: Lubbock

7405 Fir Ave | Property Details | No Agent List