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$219,000

NAL Estimated Property Value

804 N Elkhart Ave, Lubbock, TX, 79416

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,290 Sq Ft
price_per_sqft$76.42 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size16,800 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APNR39697
SubdivisionWestern Estates
Land UseResidential
Legal DescriptionWESTERN ESTATES L 16 & S10' OF 15
Census Tract000409
Assessed Land Value$4,126
Assessed Improvement Value$145,374
Assessment Year2025

About this property

Investor special! This duplex is perfect for anyone looking for a project and a great investment opportunity. With one unit already available for immediate occupancy, you can start generating income right away! Unit A offers 3 bedrooms, 2 baths, and a 1-car garage, while Unit B features 2 bedrooms, 1 bath, and a 1-car garage. Located just minutes to Texas Tech, Lubbock Christian, Wayland Baptist and the Medical District. Don't miss out on this incredible opportunity- schedule a showing today and see the potential for yourself!

Investor Tools

Property Icon
$219,000
Estimated Property Value
$353,827Estimated Mortgage Balance
$219,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,778
$149,500
2025
$4,126
$145,374
$149,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,778
$149,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Re Investment Loans Llc
Commercial
$356,938
No
First
Nov 4, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,827
N/A
0%
162%
$2,141/mo

City: Lubbock

804 N Elkhart Ave | Property Details | No Agent List