tomo logo

$160,000

Beds
3
Baths
2.0
sq ft
1,374

2205 28th St, Lubbock, TX 79411

2205 28th St

Lubbock, TX 79411

  • 17 days on market
Front and Back unit combo! This property is currently on a lease until March 31st, 2025 for $1250 a month. This property was fully renovated in 2022, and the back unit as well. This property is located just down the street from Texas Tech, and would make a great long term rental, or AirBNB option. Inside there are original hardwood floors, large kitchen area and panty, with laundry connections. Bedrooms are large, and are both close to a bathroom. This property has a unique curb appeal, and will catch your attention! Come add a few personal touches, and make this one yours!

Details

Property type

Single Family Residence

Est. home value

$148,620

Lot size

8,400 sq ft

Price per sq ft

$117

Year built

1940

Annual property taxes

$2,348

Price History

12/05/2024
Lubbock

Lubbock #202416185

Listed
$160,000
08/02/2022
Lubbock

Lubbock #202207086

Removed
06/18/2018
Lubbock

Lubbock #201803752

Removed

Schools & Community

Neighborhood: 

Heart of Lubbock

Elementary school: 

Dupre

Middle school: 

Slaton

High school: 

Lubbock

School district: 

Lubbock ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$74,766
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$72,434
Cash to seller
$74,766

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Bank Of Commerce

Loan start date

July 2022

Original loan amount

$75,000

Est. remaining balance

$72,434

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Victoria Elizabeth Dixon and David Jonathan Dixon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:40 AM

Listing updated: 12/05/2024 at 1:31 PM

Listed by: Travis Turner, Brick & Loft Realty

MLS: Lubbock #202416185

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