NOT LISTED FOR SALE

505 53rd St Lubbock, TX 79404

Estimated Value: $69,926 - $152,000

3 Beds
2 Baths
1,203 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 27, 2023

Current estimated payment $648/month

4 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of January 2023

What a great opportunity to invest! Priced at the bottom of the market, cleaned up and cleaned out. Ready for investors to come in and make their own!! This property has 3 bedrooms, 2 bathrooms and has a large backyard. It is close to central Lubbock on a quiet street and conveniently located near the interstate for quick access across town.

Last Agent to Sell the Property

Laci Demster

eXp Realty LLC License #0646124 Listed on: 12/26/2022

eXp Realty LLC

Last Buyer's Agent

Courtney Bartosh

Real Broker, LLC License #0729865

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1955

Lot Details

  • 6,625 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • 1,203 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Wood Siding

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 R33274

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: All Weather
  • Equipment: None
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 1203.0
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Legal Description: LYNDALE ACRES BLK 6 L 15
  • Location Tax and Legal Elementary School: Bowie
  • Location Tax and Legal Middle Or Junior School2: Atkins
  • Location Tax and Legal High School: Monterey
  • Location Tax and Legal Parcel Number2: R33274
  • General Property Information Above Grade Finished Area: 1203.0
  • General Property Information Lot Size Acres: 0.1521
  • General Property Information Lot Size Square Feet2: 6625.0
  • General Property Information Carport YN: No
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 1
  • Location Tax and Legal:Tax Annual Amount: 1129.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Fireplace: No

Exterior Features

  • Roof: Composition
  • Acres: 0.15
  • Construction Type: Wood Siding
  • Foundation: Slab
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

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

Schools

  • Ninth Grade High School: Monterey
  • Middle Or Junior School: Atkins

Lot Info

  • Lot Size Sq Ft: 6625.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R33274
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1129.0

MLS Schools

  • Elementary School: Bowie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Jan 25, 2023
Sold by
Panhandle Plains Development Llc
Bought by
Diaz Julian and Diaz Modesta
Seller's Agent
Laci Demster
eXp Realty LLC
Buyer's Agent
Courtney Bartosh
Real Broker, LLC
List Price
$46,000
Views
27
Current Estimated Value
$111,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.52%
Original Mortgage
$36,099
Outstanding Balance
$30,081
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$51,994

Purchase Details

Listed on
Dec 26, 2022
Closed on
Dec 22, 2022
Sold by
Esparza Richard M and Esparza Yolanda
Bought by
Panhandle Plains Development Llc
Seller's Agent
Laci Demster
eXp Realty LLC
Buyer's Agent
Courtney Bartosh
Real Broker, LLC
List Price
$46,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,099
Outstanding Balance
$30,081
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$51,994
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
Diaz Julian -- Title One
Panhandle Plains Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Julian $36,099
Closed Panhandle Plains Development Llc $24,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold -- -- --
12/30/2022 12/30/22 Pending -- -- --
12/26/2022 12/26/22 For Sale $46,000 -- $38 / 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 $618 $34,012 $12,500 $21,512
2023 $1,193 $64,192 $1,060 $63,132
2022 $1,129 $55,796 $1,060 $63,132
2021 $1,086 $50,724 $1,060 $51,017
2020 $1,003 $46,113 $1,060 $45,053
2019 $941 $41,921 $1,060 $40,861
2018 $857 $38,110 $1,060 $37,050
2017 $780 $34,645 $1,060 $33,585
2016 $798 $35,433 $1,060 $34,373
2015 $433 $35,317 $1,060 $34,257
2014 $433 $35,317 $1,060 $34,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202213932

Lubbock Association of REALTORS®

APN: R33274