Last 24 Hours
$55,000
4804 Colgate Dr, Lubbock, TX, 79416
On Market
Just Added
2 Beds
1 Bath
1,023 Sq Ft
Manufactured Home
$53.76 / sqft
Built in 1998Highlights
Interior
Bedrooms 2
Bathrooms Full 1Exterior
Exterior FeaturesPrivate Entrance, Private Yard, Storage
Building Information
Year Built1998
Land Information
APNR325515
Lot Number1450-10
SubdivisionLa Fiesta Estates
Land UseResidential
Legal DescriptionBUILDING ONLY LA FIESTA ESTATES L 145
Census Tract000411
Assessed Improvement Value$14,927
Assessment Year2025
About this property
Rare opportunity in La Fiesta Estates! This 1998 Fleetwood single-wide manufactured home includes ownership of the land, a unique find in the area. Offering 2 bedrooms, 2 bathrooms, and approximately 1,023 square feet, the property features off-street parking, a spacious fenced yard, and a storage building. Conveniently located near Loop 289, Interstate 27, Texas Tech, the Medical District, and Lubbock Heart Hospital. Currently leased for $850/month through April 2027, making this a great opportunity to add an income-producing property to your rental portfolio!
Investor Tools
$0Estimated Mortgage Balance
$25,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$330 /month
Positive
Cash Flow Estimate:
$110 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$32/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$264
$14,927
2025
N/A
$14,927
$14,927
No
Tax History
Year
Tax Paid
Assessed Value
2025
$264
$14,927
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$25,000
100%
0%
$0/mo
12.4%