NOT LISTED FOR SALE

123 N Troy Ave Lubbock, TX 79416

Estimated Value: $117,700 - $293,000

2 Beds
1 Bath
3,213 Sq Ft
$64/Sq Ft Est. Value

Last Sold March 14, 2024

Current estimated payment $1,220/month

60 Days on Market

Highlights

  • Private Pool
  • Skylights
  • Walk-In Closet
  • Traditional Architecture
  • Fireplace
  • Landscaped

About This Home

As of March 2024

Wonderful investment !!! 4 Units Updated with good extras. Each unit has fireplace,stack washer-dryers hard surface floors & repainted Front units 121 A & 123 A are leased for $750. Units 121 B & 123 B are leased for $795-they have small back yards. Off street parking. Plus they have HOA that includes swimming pool & tennis courts All separate metered

Last Agent to Sell the Property

Celeste Patterson

806Sales.com License #0322328 Listed on: 12/13/2023

Last Buyer's Agent

Jordan Sutherland

Sutherland, REALTORS License #0685780

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1984

Lot Details

  • 2,000 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Masonite

Interior Spaces

  • 3,213 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Window Treatments

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Gross Income $3,090

Listing and Financial Details

  • Tenant pays for all utilities
  • 12 Month Lease Term
  • Assessor Parcel Number R112531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,530

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1984
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Landscaped
  • Road Surface Type: Paved
  • Equipment: None
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 3213.0
  • Style: Traditional
  • Reso Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • ResoWindowFeatures: Skylight(s), Window Coverings
  • Legal Description: WHISPERWOOD L 86-A-1
  • Location Tax and Legal Elementary School: Rush
  • Location Tax and Legal High School: Coronado
  • Location Tax and Legal Parcel Number2: R112531
  • General Property Information Above Grade Finished Area: 3213.0
  • General Property Information Lot Size Acres: 0.0459
  • General Property Information Lot Size Square Feet2: 2000.0
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 1
  • Lease Term Options 12 Months: Yes
  • Location Tax and Legal:Tax Annual Amount: 4461.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: Yes
  • Cooling:Central Air: Yes
  • Architectural Style Traditional: Yes
  • General Property Information:Pool Private YN: Yes
  • Roof:Composition: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Cavazos
  • Lease Term Options 6 Months: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Washer
  • Basement: No
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.05
  • Pool Private: Yes
  • Construction Type: Brick, Masonite
  • Construction Materials:Brick: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Window Coverings: Yes
  • Construction Materials:Masonite: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Parking Features:Off Street: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Electricity Available
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • HOA: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Coronado
  • Middle Or Junior School: Cavazos

Lot Info

  • Lot Size Sq Ft: 2000.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R112531
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 4461.0

MLS Schools

  • Elementary School: Rush

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Mar 11, 2024
Sold by
Robert L Muirhead Living Trust
Bought by
Pacifico Gregory
Seller's Agent
Celeste Patterson
806Sales.com
Buyer's Agent
Jordan Sutherland
Sutherland, REALTORS
List Price
$239,977
Views
65
Current Estimated Value
$204,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.05%
Original Mortgage
$251,250
Outstanding Balance
$248,274
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$27,152

Purchase Details

Closed on
Sep 4, 1992
Sold by
Muirhead Robert L
Bought by
Muirhead Robert L Trust

Purchase Details

Closed on
Aug 2, 1991
Sold by
Muirhead Robert L
Bought by
Muirhead Robert L Trust

Purchase Details

Closed on
Apr 1, 1986
Bought by
Muirhead Robert L Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pacifico Gregory -- Western Title
Muirhead Robert L Trust -- --
Muirhead Robert L Trust -- --
Muirhead Robert L Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacifico Gregory $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold -- -- --
02/12/2024 02/12/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $339,977 +41.7% $106 / Sq Ft
12/13/2023 12/13/23 For Sale $239,977 -- $75 / Sq Ft
Source: Lubbock Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,530 $84,254 $6,000 $78,254
2023 $1,510 $81,213 $6,000 $75,213
2022 $1,490 $73,617 $6,000 $67,617
2021 $1,282 $59,873 $6,000 $53,873
2020 $1,510 $69,421 $6,000 $63,421
2019 $1,231 $54,844 $6,000 $48,844
2018 $1,367 $60,814 $6,000 $54,814
2017 $1,234 $54,844 $6,000 $48,844
2016 $1,269 $56,400 $6,000 $50,400
2015 $1,047 $49,554 $6,000 $43,554
2014 $1,047 $47,090 $6,000 $41,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202317589

Lubbock Association of REALTORS®

APN: R112531