$159,000
NAL Estimated Property Value9002 Ave Q, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesRange, Free-Standing Electric Range, Free-Standing Range
FlooringVinyl
Exterior
Lot Size39,640 sqft
Building Information
Year Built1965
Garage Spaces2
Land Information
APNR54492
SubdivisionFairview Acres
Land UseResidential
Legal DescriptionFAIRVIEW ACS BLK 14 NE141.25'X 280
Census Tract010506
Assessed Land Value$12,740
Assessed Improvement Value$122,398
Assessment Year2025
About this property
Welcome to this beautifully updated 2-bedroom, 1-bathroom home nestled on just under an acre of land! This home has undergone a complete transformation which includes new fixtures, granite countertops, new roof, new windows, new plumbing, new garage doors, and new vinyl plank flooring that seamlessly spans the entire living space. This property also offers a separate power meter and septic. The possibilities are endless! Don't miss the chance to make this your new home sweet home, call to schedule your showing today!
Investor Tools
$159,000
Estimated Property Value
$106,784Estimated Mortgage Balance
$52,216Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,625
$135,138
2025
$12,740
$122,398
$135,138
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,625
$135,138
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Open End Mortgage / Open End With Future Advance Clause
$113,000
No
First
May 1, 2023
May 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,784
$52,216
32%
67%
$678/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,110/mo
$678/mo
+$432/mo
8.4%
