$145,000
NAL Estimated Property Value9405 Canton Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesFree-Standing Electric Range
FlooringCarpet
Exterior
Exterior FeaturesPrivate Yard
Lot Size7,150 sqft
Building Information
Year Built1979
Roof Type105
Garage Spaces2
Land Information
APNR109650
Lot Number2020
SubdivisionUniversity Pines
Land UseResidential
Legal DescriptionUNIVERSITY PINES L 202
Census Tract010505
Assessed Land Value$11,200
Assessed Improvement Value$103,958
Assessment Year2025
About this property
New paint and new carpet, ready for the next owner! University Pines presents this very nice 3 bedroom, 2 bath, with 2 car garage. Spacious backyard, recently updated electrical service to the house from the meter, Move in ready!
Investor Tools
$145,000
Estimated Property Value
$31,273Estimated Mortgage Balance
$113,727Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,181
$115,158
2025
$11,200
$103,958
$115,158
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,181
$115,158
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust Co (Lubbock Tx)
Unknown
$55,000
No
First
Jan 5, 2009
Jan 2010
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,273
$113,727
78%
22%
$330/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$330/mo
+$1,220/mo
12.8%
