Last 24 Hours
$310,000
7920 Albany Avenue, Lubbock, TX, 79424
On Market
6 Beds
5 Bath
3,201 Sq Ft
Duplex
$96.84 / sqft
Built in 1979Property Lead Type:
Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
Bedrooms 6
Bathrooms Full 5
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Electric Cooktop
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesCourtyard
Lot Size10,370 sqft
Building Information
Year Built1979
Roof Type105
Garage Spaces4
Land Information
APNR60693
Lot Number220
SubdivisionFarrar Estates
Land UseResidential
Legal DescriptionFARRAR ESTATES L 22
Census Tract001713
Assessed Land Value$12,750
Assessed Improvement Value$289,371
Assessment Year2025
About this property
Large duplex in South Lubbock located in Farrar Estates! Side A features 3 bedrooms, 2 bathrooms, and a 2-car garage. Side B offers 3 bedrooms, 2.5 bathrooms, 2-car garage plus an office, perfect for extra space or working from home. The property has a newer roof, and Side B is move-in ready with fresh interior paint and brand-new carpet. Don't miss this great investment opportunity or owner-occupant option!
Investor Tools
$0Estimated Mortgage Balance
$348,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,486
$302,121
2025
$12,750
$289,371
$302,121
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,486
$302,121
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$348,000
100%
0%
$0/mo
12.4%