$329,999
3410 61st St, Lubbock, TX, 79413
On Market
Property Lead Type:
BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersVacant Homes
Highlights
Interior
AppliancesDishwasher, Free-Standing Electric Range, Refrigerator
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesRain Gutters
Lot Size9,040 sqft
Building Information
Year Built1963
Roof Type105
Garage Spaces2
Land Information
APNR135792
Lot Number50
SubdivisionMelonie Park
Land UseResidential
Legal DescriptionMELONIE PARK L 5
Census Tract001908
Assessed Land Value$28,000
Assessed Improvement Value$280,372
Assessment Year2025
About this property
Welcome to this spacious 3/2/2 home in desirable Melonie Park! This home offers comfortable living spaces, a cozy fireplace and a functional layout with ample storage. Recent updates include new carpet, fresh interior paint and beautiful granite countertops.
Investor Tools
$0Estimated Mortgage Balance
$308,372Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,456
$308,372
2025
$28,000
$280,372
$308,372
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,456
$308,372
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,372
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
6.5%
