Last 24 Hours
$170,000
NAL Estimated Property Value5511 16th St, Lubbock, TX, 79416
Off Market
3 Beds
2 Bath
1,642 Sq Ft
Single Family Residence
$103.53 / sqft
Built in 1968Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage AvailableAppliancesOven
Exterior
Exterior FeaturesPlayground, Private Yard
Lot Size7,347 sqft
Building Information
Year Built1968
Roof Type105
Garage Spaces2
Land Information
APNR89577
Lot Number1430
SubdivisionTracy Heights
Land UseResidential
Legal DescriptionTRACY HEIGHTS L 143
Census Tract000402
Assessed Land Value$25,000
Assessed Improvement Value$134,239
Assessment Year2025
About this property
Cash investors! This home sits directly across from a large park and covered seating. There's a neat office area off the laundry room. Good size backyard.
Investor Tools
$184,000
Estimated Property Value
$0Estimated Mortgage Balance
$184,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,287
$159,239
2025
$25,000
$134,239
$159,239
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2025
$1,287
$159,239
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$184,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
10.7%
12.4%