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$215,000

NAL Estimated Property Value

7501 Quanah Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,787 Sq Ft
price_per_sqft$94.57 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave, Trash Compactor
FlooringCarpet, Vinyl

Exterior

Lot Size6,050 sqft

Building Information

Year Built2002
Roof Type105
Garage Spaces2

Land Information

APNR162311
Lot Number2760
SubdivisionSouth Mesa
Land UseResidential
Legal DescriptionSOUTH MESA L 276
Census Tract002206
Assessed Land Value$28,000
Assessed Improvement Value$164,835
Assessment Year2025

About this property

What a steal!! Coming in at just under $95 a foot this beautiful 3 bedroom 2 bath 2 car garage home will not disappoint. You'll love the recently installed vinyl plank flooring throughout, quartz counter tops, new Samsung stainless-steal appliances, fresh interior and exterior paint. This home also comes with a great spacious storage building and a recently installed fence. Schedule your showing today, this charming home won't last long.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$170,805Estimated Mortgage Balance
$44,195Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,661
$192,835
2025
$28,000
$164,835
$192,835
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,661
$192,835

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Of Commerce
Conventional
$174,400
No
First
Mar 25, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,805
$44,195
20%
79%
$1,046/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,046/mo
+$504/mo
8.7%

City: Lubbock

7501 Quanah Ave | Property Details | No Agent List