tomo logo

$119,000

Beds
3
Baths
2.0
sq ft
1,720

2304 Avenue U, Lubbock, TX 79411

2304 Avenue U

Lubbock, TX 79411

  • <1 day on market
Looking to cash flow? Investment property opportunity! 2/1 front house with 1/1 Registered Apartment. Front house recently rented for $800. Apartment currently rented for $700 thru March 17th. Turn Key!

Details

Property type

Single Family Residence

Est. home value

$160,289

Lot size

6,500 sq ft

Price per sq ft

$70

Year built

1929

Annual property taxes

$2,318

Price History

02/22/2025
Lubbock

Lubbock #202550839

Listed
$119,000
05/01/2020
Lubbock

Lubbock #201910447

Removed

Schools & Community

Neighborhood: 

Heart of Lubbock

Elementary school: 

Dupre

Middle school: 

Hutchinson

High school: 

Lubbock

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

$51,921
Asking price
$119,000
Closing costs (~8% of asking)
-$9,520
Est. remaining loan balance
-$57,559
Cash to seller
$51,921

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

Seller’s Loan History

Lender

Texas Tech Fcu

Loan start date

May 2020

Original loan amount

$63,920

Est. remaining balance

$57,559

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Weston Waldo and Hanna Waldo

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?

Status: Active

Tomo last checked: 02/22/2025 at 8:00 AM

Listing updated: 02/22/2025 at 3:02 AM

Listed by: Omar Mora, Exit Realty of Lubbock Phone #: (806) 771-3900

MLS: Lubbock #202550839

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