$141,000
NAL Estimated Property Value9611 Elgin Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesCooktop, Electric Cooktop, Microwave
FlooringCarpet, Vinyl
Exterior
Lot Size6,386 sqft
Building Information
Year Built1981
Roof Type105
Garage Spaces2
Land Information
APNR114771
Lot Number3910
SubdivisionUniversity Pines
Land UseResidential
Legal DescriptionUNIVERSITY PINES L 391
Census Tract010505
Assessed Land Value$11,200
Assessed Improvement Value$124,752
Assessment Year2025
About this property
This home boasts curb appeal and everything a family needs, including an assumable 4% interest loan! Inside, enjoy vinyl floors, a stylish galley kitchen with a beautiful tile backsplash, spacious bedrooms with ample storage, and a perfect-sized primary suite with a large walk-in closet. With its inviting vibe and modern amenities, this home is the perfect blend of comfort and style. Solar panels included and leased! Buyers will need to qualify to take assume solar lease.
Investor Tools
$141,000
Estimated Property Value
$111,278Estimated Mortgage Balance
$29,722Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$855 /month
Positive
Cash Flow Estimate:
$285 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,576
$135,952
2025
$11,200
$124,752
$135,952
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,576
$135,952
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$113,100
No
First
Jun 6, 2025
Jul 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,278
$29,722
21%
79%
$679/mo
