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$228,147

NAL Estimated Property Value

7408 Toledo Avenue, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,760 Sq Ft
price_per_sqft$133.52 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Free-Standing Electric Range, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesDog Run, Private Yard
Lot Size8,890 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APNR63379
Lot Number1530
SubdivisionQuaker Heights
Land UseResidential
Legal DescriptionQUAKER HEIGHTS L 153
Census Tract001804
Assessed Land Value$19,600
Assessed Improvement Value$208,547
Assessment Year2025

About this property

This charming home at 7408 Toledo Ave is move-in ready! Featuring 3 bedrooms, 2 bathrooms, and a spacious layout, this home offers the perfect blend of comfort and functionality. The updated kitchen cabinets add a fresh modern touch, while the large backyard includes a dedicated dog run perfect for pet lovers. Conveniently located in southwest Lubbock near shopping, dining, and schools, this home is one you won't want to miss!

Investor Tools

Property Icon
$228,147
Estimated Property Value
$116,799Estimated Mortgage Balance
$111,348Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,208
$228,147
2025
$19,600
$208,547
$228,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,208
$228,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$120,000
No
First
Nov 19, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,799
$111,348
48%
51%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$905/mo
+$535/mo
7.6%

City: Lubbock

7408 Toledo Avenue | Property Details | No Agent List