$212,605
NAL Estimated Property Value7406 Ave X, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
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
$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
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
