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$145,236

NAL Estimated Property Value

9618 Boston Ave, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,457 Sq Ft
price_per_sqft$54.84 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,369 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces483

Land Information

APNR116988
Lot Number4770
SubdivisionUniversity Pines
Land UseResidential
Legal DescriptionUNIVERSITY PINES L 477
Census Tract010505
Assessed Land Value$3,500
Assessed Improvement Value$141,736
Assessment Year2025

About this property

Come and get it while you can. This is a investor delight! It is a 2/1 on each side and is bringing in the rent. It has a new roof and a new fence and is ready to go.

Investor Tools

Property Icon
$145,236
Estimated Property Value
$62,257Estimated Mortgage Balance
$82,979Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$871 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,529
$145,236
2025
$3,500
$141,736
$145,236
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,529
$145,236

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$65,000
No
First
Jan 16, 2024
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,257
$82,979
57%
43%
$390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$390/mo
+$1,430/mo
15.0%

City: Lubbock

9618 Boston Ave | Property Details | No Agent List