$155,000
2502 110th Street, Lubbock, TX, 79423
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Exterior FeaturesPrivate Yard
Lot Size4,785 sqft
Building Information
Year Built1999
Roof Type105
Garage Spaces408
Land Information
APNR154236
Lot Number330
SubdivisionSunrise Estates
Land UseResidential
Legal DescriptionSUNRISE ESTATES L 33
Census Tract010511
Assessed Land Value$15,950
Assessed Improvement Value$125,266
Assessment Year2025
About this property
Located in Lubbock-Cooper ISD, this well-maintained home offers a functional layout with wood-look flooring, neutral paint, and plenty of natural light. The eat-in kitchen and adjacent living room provides a comfortable main gathering area. The bedrooms offer good functionality and storage, and the attached two-car garage adds convenience. Outside, the backyard provides additional space to enjoy. A great option for first-time buyers, downsizers, or anyone in between, this home offers a practical layout in a convenient South Lubbock location.
Investor Tools
$64,179Estimated Mortgage Balance
$81,821Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,922
$141,216
2025
$15,950
$125,266
$141,216
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,922
$141,216
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Platinum Bank
Unknown
$83,300
No
First
Jan 27, 2016
Jan 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,179
$81,821
56%
44%
$500/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$500/mo
+$1,050/mo
12.7%
