NOT LISTED FOR SALE

Estimated Value: $56,000 - $87,000

2 Beds
1 Bath
624 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 02, 2024

Current estimated payment $446/month

103 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • Granite Countertops
  • Fenced Yard
  • Laundry Room

About This Home

As of January 2024

Instant cash flow for an investor. Property exceeds the 1% rule and has a one-year lease in effect! This delightful 2-bedroom/1-bathroom home is conveniently located near Texas Tech University. Features include granite countertops in the kitchen, all-tile floors, ample closet space, central HVAC, washer/dryer hookups in a dedicated space with storage, and a metal roof. Refrigerator conveys to the new owner. The large backyard features two distinct areas. Recent upgrades include fresh paint, new miniblinds, and a new stove and vent hood. See it today and gain an immediate income stream!

Last Agent to Sell the Property

Amy Baugh

Berkshire Hathaway HomeService License #0672417 Listed on: 08/27/2023

Berkshire Hathaway HomeService

Last Buyer's Agent

Rigo Lopez

Progressive Properties License #0774470

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 5,400 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Masonite

Interior Spaces

  • 624 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Storage
  • Utility Room
  • Tile Flooring

Kitchen

  • Free-Standing Electric Range
  • Free-Standing Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R46559

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Laundry Room
  • ResoLotFeatures: Landscaped
  • Road Surface Type: All Weather, Paved
  • Equipment: None
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 624.0
  • Style: Traditional
  • Reso Flooring: Tile
  • Reso Interior Features: Granite Counters, Storage
  • New Construction: No
  • ResoWindowFeatures: Window Coverings
  • Legal Description: WOOD PETERSON BLK 1 L 3
  • Room Type: Living Room
  • Location Tax and Legal Elementary School: Mcwhorter
  • Location Tax and Legal Middle Or Junior School2: Cavazos
  • Location Tax and Legal High School: Lubbock
  • Location Tax and Legal Parcel Number2: R46559
  • General Property Information Above Grade Finished Area: 624.0
  • General Property Information Lot Size Acres: 0.124
  • General Property Information Lot Size Square Feet2: 5400.0
  • General Property Information Basement YN: No
  • Location Tax and Legal:Tax Annual Amount: 650.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Architectural Style Traditional: Yes
  • Fencing Fenced: Yes
  • Foundation Details PillarPostPier: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Laundry Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Living Room2: Yes
  • Room Types Utility Room: Yes
  • Roof:Metal2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Electric Range, Free-Standing Range
  • Basement: No
  • Fireplace: No
  • Interior Features:Granite Counters: Yes
  • Appliances:Free-Standing Range: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Free-Standing Electric Range: Yes

Exterior Features

  • Roof: Metal
  • Fencing: Fenced
  • Acres: 0.12
  • Construction Type: Masonite, Metal Siding
  • Foundation: Pillar/Post/Pier
  • Lot Features:Landscaped: Yes
  • Window Features:Window Coverings: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Metal Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5400.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R46559
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 650.0

MLS Schools

  • Elementary School: Mcwhorter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Dec 28, 2023
Sold by
Romero George V
Bought by
Garcia Carlos
Seller's Agent
Amy Baugh
Berkshire Hathaway HomeService
Buyer's Agent
Rigo Lopez
Progressive Properties
List Price
$79,000
Views
155
Current Estimated Value
$71,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$55,250
Outstanding Balance
$54,295
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$16,924

Purchase Details

Closed on
Sep 13, 2018
Sold by
Romero Jesse
Bought by
Romero George V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,100
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2013
Sold by
Hogan Goldie Mae and Hogan Goldie Mae
Bought by
J & E Real Estate Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2010
Sold by
Kennedy John Marcus and Vanderbilt Mortgage & Finance
Bought by
Romero Jesse

Purchase Details

Closed on
Apr 25, 1996
Sold by
Mejia Lupe Estate
Bought by
Romero Jesse

Purchase Details

Closed on
Mar 1, 1984
Bought by
Romero Jesse
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Carlos $55,250 Hub City Title
Romero George V -- Service Title
J & E Real Estate Investment Group Llc -- Service Title
Romero Jesse $7,900 None Available
Romero Jesse -- --
Romero Jesse -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Carlos $55,250
Previous Owner Romero George V $30,100
Previous Owner J & E Real Estate Investment Group Llc $90,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold -- -- --
12/08/2023 12/08/23 Pending -- -- --
10/04/2023 10/04/23 Price Changed $69,900 -5.5% $112 / Sq Ft
09/17/2023 09/17/23 Price Changed $74,000 -1.3% $119 / Sq Ft
09/07/2023 09/07/23 Price Changed $75,000 -5.1% $120 / Sq Ft
08/27/2023 08/27/23 For Sale $79,000 -- $127 / 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
2025 $921 $49,012 $1,440 $47,572
2024 $9 $50,737 $1,440 $49,297
2023 $554 $29,786 $1,440 $28,346
2022 $603 $29,786 $1,440 $28,346
2021 $511 $23,848 $1,440 $22,408
2020 $489 $22,503 $1,440 $21,063
2019 $505 $22,503 $1,440 $21,063
2018 $506 $22,503 $1,440 $21,063
2017 $486 $21,607 $1,440 $20,167
2016 $486 $21,607 $1,440 $20,167
2015 $482 $21,657 $1,440 $20,217
2014 $482 $21,657 $1,440 $20,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202312969

Lubbock Association of REALTORS®

APN: R46559