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$115,000

NAL Estimated Property Value

3608 E 3rd Pl, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.65 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Electric Range
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,112 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces1

Land Information

APNR84506
Lot Number7
SubdivisionMoore Elliston
Land UseResidential
Legal DescriptionMOORE ELLISTON BLK 5 L 7
Census Tract001000
Assessed Land Value$500
Assessed Improvement Value$123,070
Assessment Year2025

About this property

Great investment property with tenant in place. Tenants would love to stay and have been very reliable. This property is a wonderful 3 bedroom, 2 bath, 1 car garage home that has been well maintained. Take a look today!

Investor Tools

Property Icon
$123,570
Estimated Property Value
$69,338Estimated Mortgage Balance
$54,232Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$741 /month
Positive
Cash Flow Estimate:
$247 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,186
$123,570
2025
$500
$123,070
$123,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,186
$123,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$73,500
No
First
Aug 2, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,338
$54,232
43%
56%
$441/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$441/mo
+$984/mo
13.8%

City: Lubbock

3608 E 3rd Pl | Property Details | No Agent List