Last 24 Hours
$99,900
1605 42nd St, Lubbock, TX, 79412
On Market
Just Added
3 Beds
1 Bath
1,132 Sq Ft
Single Family Residence
$88.25 / sqft
Built in 1958Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating Central
CoolingAppliancesFree-Standing Gas Range
Exterior
Exterior FeaturesOther
Lot Size7,950 sqft
Building Information
Year Built1958
Roof Type114
Garage Spaces1
Land Information
APNR50207
Lot Number13
SubdivisionSouthport
Land UseResidential
Legal DescriptionSOUTHPORT BLK 11 L 13
Census Tract002401
Assessed Land Value$17,000
Assessed Improvement Value$99,819
Assessment Year2025
About this property
Beautiful well maintained home! 3 beds one bath! Central heat and air. Open kitchen. Attached garage. Large back yard with shop in the back. All under $100K! Don't miss it!
Investor Tools
$36,691Estimated Mortgage Balance
$64,309Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$606 /month
Positive
Cash Flow Estimate:
$202 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$398
$76,481
2025
$17,000
$99,819
$116,819
No
Tax History
Year
Tax Paid
Assessed Value
2025
$398
$76,481
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Southwest Mortgage Corp
Fha
$62,349
Yes
First
Dec 3, 2009
Dec 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,691
$64,309
63%
36%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
16.9%
12.4%