$148,000
NAL Estimated Property Value9229 Belton Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop
FlooringCarpet, Tile
Exterior
Lot Size7,850 sqft
Building Information
Year Built1974
Roof Type105
Garage Spaces2
Land Information
APNR106793
Lot Number950
SubdivisionUniversity Pines
Land UseResidential
Legal DescriptionUNIVERSITY PINES L 95
Census Tract010505
Assessed Land Value$11,200
Assessed Improvement Value$124,752
Assessment Year2025
About this property
Come check out this cute 3 bedroom, 2 bathroom home in South Lubbock!!! Perfect starter home or investment property! Awesome wood burning fireplace, huge backyard, great home!
Investor Tools
$148,000
Estimated Property Value
$113,374Estimated Mortgage Balance
$34,626Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$888 /month
Positive
Cash Flow Estimate:
$296 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,555
$135,952
2025
$11,200
$124,752
$135,952
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,555
$135,952
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$117,600
No
First
May 20, 2024
Jun 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,374
$34,626
23%
77%
$706/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$706/mo
+$844/mo
12.6%
