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$245,000

3810 56th St, Lubbock, TX, 79413

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.74 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Oven, Stainless Steel Appliance(s)
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size8,890 sqft

Building Information

Year Built1967
Roof Type105
Garage Spaces2

Land Information

APNR44748
Lot Number2270
SubdivisionSouthgate
Land UseResidential
Legal DescriptionSOUTHGATE L 227
Census Tract001907
Assessed Land Value$22,000
Assessed Improvement Value$228,108
Assessment Year2025

About this property

Spacious 4-bedroom home with great storage in a convenient location near Miller Elementary! Enjoy beautiful hard-surface flooring in the living areas, plantation shutters throughout, and an updated kitchen. The primary bathroom is scheduled to receive a remodeled shower in early November—see rendering photo for a preview! The dishwasher is new this year, the oven and cooktop replaced in 2023, with the roof replaced last year. Outside, the beautiful backyard features mature trees and plenty of space for entertaining, relaxing, or making memories with family and friends. Great location for families, with easy access to schools, churches and restaurants in south Lubbock. Come see all this home has to offer!

Investor Tools

$115,193Estimated Mortgage Balance
$144,807Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Judy Corbin

WestMark Companies

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,211
$250,108
2025
$22,000
$228,108
$250,108
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,211
$250,108

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Unknown
$137,902
No
First
Sep 21, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,193
$144,807
55%
44%
$827/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$827/mo
+$1,133/mo
9.0%

City: Lubbock