Last 24 Hours
$50,000
113 Madison Avenue, Lorenzo, TX, 79343
On Market
Just Added
3 Beds
2 Bath
22,200 Sq Ft
Single Family Residence
$2.25 / sqft
Built in 1970Property Lead Type:
BankruptcyDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesFree-Standing Electric Range, Microwave, Refrigerator
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesStorage
Lot Size21,000 sqft
Building Information
Year Built1970
Garage Spaces2
Land Information
APNR12719
Lot Number7-9
Land UseResidential
Legal DescriptionTERRELL TERRACE ADDITION LORENZO BLOCK 203 LOT 7,8,9
Census Tract950300
Assessed Land Value$3,780
Assessed Improvement Value$85,330
Assessment Year2025
About this property
Handiman project house on 3 lots in Lorenzo. 21 miles from Texas Tech campus. Selling as is --highest bid by 10/15/2026 . No financing. No options. No power. No kidding.
Investor Tools
$0Estimated Mortgage Balance
$89,110Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$535 /month
Positive
Cash Flow Estimate:
$178 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,163
$89,110
2025
$3,780
$85,330
$89,110
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2025
$2,163
$89,110
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$89,110
100%
0%
$0/mo
12.4%