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$178,000

NAL Estimated Property Value

7504 Avenue P, Lubbock, TX, 79423

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,108 Sq Ft
price_per_sqft$0.95 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,043 sqft

Building Information

Year Built2002
Roof Type105
Garage Spaces426

Land Information

APNR162338
Lot Number3030
SubdivisionSouth Mesa
Land UseResidential
Legal DescriptionSOUTH MESA L 303
Census Tract002206
Assessed Land Value$28,000
Assessed Improvement Value$141,660
Assessment Year2025

About this property

Nicely updated and maintained 2 bedroom, 1 bath side B of quiet Duplex. 1,106 sq. ft. 2 car carport. washer/dryer connections, central heat and air. $1050/month with $800 deposit. Pet friendly with $250 pet deposit. no dangerous breeds

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,230
$169,660
2025
$28,000
$141,660
$169,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,230
$169,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$174,775
Yes
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,222
$9,778
5%
95%
$1,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,048/mo
+$502/mo
10.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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7504 Avenue P | Property Details | No Agent List