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$212,605

NAL Estimated Property Value

7406 Ave X, Lubbock, TX, 79423

Off MarketInfo
Beds8 Beds
Baths8 Bath
Baths5,364 Sq Ft
QuadruplexQuadruplex
price_per_sqft$67.11 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 8Bathrooms Full 8
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer

Exterior

Lot Size10,350 sqft

Building Information

Year Built1983
Roof Type114

Land Information

APNR82181
Lot Number20
SubdivisionSandlewood Village
Land UseResidential
Legal DescriptionSANDLEWOOD VILLAGE L 3
Census Tract002205
Assessed Land Value$6,210
Assessed Improvement Value$206,395
Assessment Year2025

About this property

Quadplex for sale! Monthly Income of $3,900 a month and located just South of Loop 289 off University! All 4 units are currently leased and have great tenants! This Quadplex comes with covered parking, 3 A/C units have been replaced with new units in 2021, Roof was Recoated in 2023 and Plumbing updates in 2023. These type of properties rarely pop up, and is an opportunity you need to explore!

Investor Tools

Property Icon
$212,605
Estimated Property Value
$278,320Estimated Mortgage Balance
$212,605Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,861
$212,605
2025
$6,210
$206,395
$212,605
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,861
$212,605

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deephaven Mortgage Llc
Commercial
$286,400
No
First
Oct 31, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,320
N/A
0%
131%
$1,718/mo

City: Lubbock

7406 Ave X | Property Details | No Agent List