$135,000
1612 68th St, Lubbock, TX, 79412
On Market
Just Added
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesFree-Standing Gas Range
Exterior
Exterior FeaturesPrivate Yard
Lot Size6,918 sqft
Building Information
Year Built1964
Roof Type105
Land Information
APNR131500
Lot Number2330
SubdivisionTarrytown
Land UseResidential
Legal DescriptionTARRYTOWN L 233
Census Tract002207
Assessed Land Value$24,000
Assessed Improvement Value$88,135
Assessment Year2025
About this property
Welcome home to this recently updated 4-bedroom, 2 bath property offering 1283 square feet of comfortable living space. Featuring fresh updates, a functional floor plan, and a move-in ready feel, this is a great opportunity for first-time buyers or investors alike. Conveniently located just down the street from Lowrey Field. Whether you're looking for a place to call your own or a strong addition to your rental portfolio, this charming home is ready for its next chapter. Schedule your showing today! Square Footage to be verified by buyer.
Investor Tools
$222,072Estimated Mortgage Balance
$112,135Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$810 /month
Positive
Cash Flow Estimate:
$270 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,984
$112,135
2025
$24,000
$88,135
$112,135
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,984
$112,135
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank
Commercial
$230,350
No
First
Sep 26, 2024
Sep 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,072
N/A
0%
198%
$1,382/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,382/mo
+$43/mo
15.2%
