$295,000
8208 Kenosha Avenue, Lubbock, TX, 79423
On Market
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size7,700 sqft
Building Information
Year Built1973
Roof Type105
Garage Spaces2
Land Information
APNR77039
Lot Number580
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 58
Census Tract010504
Assessed Land Value$7,000
Assessed Improvement Value$184,663
Assessment Year2025
About this property
Incredible opportunity to own a fully occupied, turnkey duplex in Raintree!! Side A is a 3/1/1 featuring easy to maintain flooring with no carpet, a large living room with fireplace, updated kitchen, and private yard. Side B is a 2/1/1 with huge bonus sunroom, large living room with a fireplace, stainless steel appliances, private back yard with large shed. Both units have washer and dryer connections. Within walking distance to Charles A. Guy Park and Honey Elementary. Great addition to any portfolio!
Investor Tools
$219,983Estimated Mortgage Balance
$25,017Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,544
$191,663
2025
$7,000
$184,663
$191,663
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,544
$191,663
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Fha
$235,653
Yes
First
Oct 19, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,983
$25,017
10%
90%
$1,413/mo
