Last 24 Hours
$62,000
824 Vanda Ave, Lubbock, TX, 79403
$63,460 ARV
On Market
3 Beds
1 Bath
832 Sq Ft
$74.52 / sqft
Built in 1963Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1AppliancesFree-Standing Electric Range, Refrigerator
FlooringVinyl
Exterior
Exterior FeaturesAwning(s), Private Yard
Lot Size6,600 sqft
Building Information
Year Built1963
Roof Type114
Land Information
APNR29347
Lot Number24
SubdivisionElliston C D
Land UseResidential
Legal DescriptionELLISTON C D BLK 1 L 24
Census Tract001000
Assessed Land Value$300
Assessed Improvement Value$55,933
Assessment Year2025
About this property
Investment opportunity! This property is part of a 7-home portfolio available for purchase individually or as a package. Some homes are currently tenant-occupied, while others are ready for new occupants, offering flexibility for investors looking to build or expand their rental portfolio. Package Property Addresses: 105 N Ave U, 114 Ave V, 2024 37th, 5419 Ave D, 711 30th &1313 25th St.
Investor Tools
$0Estimated Mortgage Balance
$68,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$63,459
Rent-to-Value Ratio: 0.72%
Rent Estimate
$408 /month
Positive
Cash Flow Estimate:
$136 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$113/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,021
$56,233
2025
$300
$55,933
$56,233
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,021
$56,233
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$66,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
N/A
+$1,017/mo
17.9%
12.4%