Last 24 Hours
$212,605
NAL Estimated Property Value7408 Ave X, Lubbock, TX, 79423
$276,387 ARV
Off Market
2 Beds
2 Bath
5,364 Sq Ft
$61.33 / sqft
Built in 1983Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 2AppliancesDishwasher
Exterior
Exterior FeaturesOther
Lot Size11,356 sqft
Building Information
Year Built1983
Land Information
APNR318731
Lot Number45
SubdivisionSandlewood Village
Land UseResidential
Legal DescriptionSANDLEWOOD VILLAGE L 4
Census Tract002205
Assessed Land Value$6,814
Assessed Improvement Value$205,791
Assessment Year2025
About this property
Total of 5364 sqft for all four units. 1,341 sqft per unit. All units are 2 bedroom, 2 bath, fireplaces, with nice private patios and extra storage. Rents for $850 and up. Recently remodeled! Room measurements are estimated. Two of the units are currently occupied. South of Loop 289 and University. Seller is a licensed California Real Estate.
Investor Tools
$212,605
Estimated Property Value
$75,804Estimated Mortgage Balance
$136,801Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$276,387
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /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
$6,814
$205,791
$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
Wells Fargo Bank Na
Commercial
$122,500
No
First
Jul 13, 2010
Aug 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,804
$136,801
64%
36%
$735/mo
12.4%