$174,900
601 N Spruce Ave, Lubbock, TX, 79403
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Microwave
FlooringConcrete, Plank, Vinyl
Exterior
Exterior FeaturesNone
Lot Size6,437 sqft
Building Information
Year Built2006
Roof Type105
Garage Spaces2
Land Information
APNR310050
Lot Number120
SubdivisionKings Dominion
Land UseResidential
Legal DescriptionKINGS DOMINION L 12
Census Tract000902
Assessed Land Value$30,000
Assessed Improvement Value$198,830
Assessment Year2025
About this property
Spacious brick home in Kings Dominion near Estacado High School! Situated on a corner lot, this 4-bedroom, 2-bath home offers more than 2,200 square feet, an open layout with raised ceilings, a fireplace, and a bonus room with space to fit your needs. Enjoy covered porches and the convenience of a two-car garage. Schedule your showing today!
Investor Tools
$150,467Estimated Mortgage Balance
$78,363Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,373 /month
Positive
Cash Flow Estimate:
$458 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,049
$228,830
2025
$30,000
$198,830
$228,830
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,049
$228,830
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Unknown
$130,387
No
First
Jan 23, 2007
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,467
$78,363
34%
66%
$1,903/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,903/mo
$-478/mo
7.5%
