2413 46th St Lubbock, TX 79412
Clapp Park NeighborhoodEstimated payment $837/month
Total Views
16,758
3
Beds
2
Baths
1,409
Sq Ft
$84
Price per Sq Ft
About This Home
Attention Investors: Turnkey Rental Property with Equity! Cash flow instantly! 1 of 4 value add deals in this package Calling all investors and contractors! This 3 bedroom, 2 bathroom brick home is ready for its next owner! Located minutes from Texas Tech and quick access to loop 289. The best part is its already occupied for $1400 per month! Talk about CASH FLOW day 1! Key Features: Brick Exterior, Updated Kitchen, Beautiful flooring throughout, Brick Fireplace, Massive Backyard! Sold as-is, offering a blank canvas for your creative vision. Perfect project for Investors or DIY enthusiasts. Investor special with immense profit potential ($15,000 gross margins). Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1450 per month market rent. Currently occupied until early next year! With its location and ample room for your creative vision, this property presents a great opportunity to maximize returns.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,154
Year Built
- Built in 1954
Lot Details
- 8,125 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,409 Sq Ft Home
- Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number R125855
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,154 | $118,605 | $20,000 | $98,605 |
| 2023 | $2,545 | $136,940 | $3,575 | $133,365 |
| 2022 | $2,369 | $117,017 | $3,575 | $113,442 |
| 2021 | $1,976 | $92,253 | $3,575 | $88,678 |
| 2020 | $1,863 | $85,684 | $3,575 | $82,109 |
| 2019 | $1,865 | $83,057 | $3,575 | $79,482 |
| 2018 | $1,867 | $83,057 | $3,575 | $79,482 |
| 2017 | $1,707 | $75,831 | $3,575 | $72,256 |
| 2016 | $1,242 | $55,187 | $3,575 | $51,612 |
| 2015 | $1,145 | $48,895 | $3,575 | $45,320 |
| 2014 | $1,145 | $51,474 | $3,575 | $47,899 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2025 02/23/25 | Price Changed | $118,500 | -8.8% | $84 / Sq Ft |
| 12/12/2024 12/12/24 | Price Changed | $130,000 | -3.7% | $92 / Sq Ft |
| 12/04/2024 12/04/24 | For Sale | $135,000 | -- | $96 / Sq Ft |
Source: Lubbock Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Lubbock Abstract & Title Co | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $90,000 | Purchase Money Mortgage | |
| Previous Owner | $51,953 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $35,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Lubbock, TX
Source: Lubbock Association of REALTORS®
MLS Number: 202416550
APN: R125855
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