$318,960
6916 18th St, Lubbock, TX, 79416
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesCooktop, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Exhaust Fan, Free-Standing Electric Range, Microwave
FlooringLuxury Vinyl
Exterior
Exterior FeaturesAwning(s)
Lot Size5,700 sqft
Building Information
Year Built2022
Roof Type105
Garage Spaces2
Land Information
APNR340278
Lot Number560
SubdivisionBurgamy Park
Land UseResidential
Legal DescriptionBURGAMY PARK L 56
Census Tract000406
Assessed Land Value$35,000
Assessed Improvement Value$219,145
Assessment Year2025
About this property
Buy NOW and get $10K use-it-your-way cash!! The Dinah floor plan features: luxury vinyl plank flooring throughout the home, open-concept kitchen, living, and dining area. Spacious kitchen island with bar seating, Stainless steel appliances, Enclosed pantry Premium plumbing and lighting fixtures, Secluded master suite with walk-in closet, and covered back patio.
Investor Tools
$222,773Estimated Mortgage Balance
$61,227Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,233
$254,145
2025
$35,000
$219,145
$254,145
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,233
$254,145
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valley Bank Of Commerce
Open End Mortgage / Open End With Future Advance Clause
$240,800
No
First
Oct 3, 2022
Nov 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,773
$61,227
21%
78%
$1,444/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,444/mo
+$196/mo
6.9%
