$521,000
NAL Estimated Property Value7406 74th St, Lubbock, TX, 79424
Off Market
Highlights
Interior
Exterior
Lot Size30,785 sqft
Building Information
Year Built2018
Roof Type105
Garage Spaces1038
Land Information
APNR98255
Lot Number140
SubdivisionRancho Verde Estates
Land UseResidential
Legal DescriptionRANCHO VERDE ESTATES L 14
Census Tract010412
Assessed Land Value$39,300
Assessed Improvement Value$405,355
Assessment Year2025
About this property
Rancho Verde... Fabulous Place to Build your dream Home! Deed restrictions allow for up to 2 horses per lot. Frenship ISD ~ 2,000 sq ft minimum~
Investor Tools
$521,000
Estimated Property Value
$146,732Estimated Mortgage Balance
$374,268Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,126 /month
Positive
Cash Flow Estimate:
$1,042 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$947/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,759
$444,655
2025
$39,300
$405,355
$444,655
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,759
$444,655
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Commercial
$20,000
No
First
Nov 17, 2017
Nov 2022
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,732
$374,268
71%
28%
$960/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$960/mo
+$730/mo
3.9%
