tomo logo

$245,000

Beds
5
Baths
2.0
sq ft
2,116

2703 54th St, Lubbock, TX 79413

2703 54th St

Lubbock, TX 79413

  • 70 days on market
    • Price drop $5,000↓
Welcome to 2703 54th St, a spacious home situated in a well-established and highly convenient neighborhood. This home offers a rare find with 5 bedrooms, making it ideal for a growing family or a fantastic investment opportunity for Texas Tech students. The backyard features a sparkling pool in GREAT condition, perfect for those hot Texas summers. The backyard also includes a 18x30 shop with alley accessgreat for storage, hobbies, etc. While the home could benefit from some updating, it presents a wonderful opportunity for buyers to bring their vision and personal style to life. With just a little TLC, you can make this home truly your own. This property is the perfect blend of space, flexibility, and potential, whether you're raising a family or looking for a solid investment. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$246,784

Lot size

0.2686 acres

Price per sq ft

$116

Year built

1955

Price History

10/29/2024
Lubbock

Lubbock #202413238

Price change
$245,000
-2%
10/15/2024
Lubbock

Lubbock #202413238

Price change
$250,000
-1.96%
10/03/2024
Lubbock

Lubbock #202413238

Price change
$255,000
-1.92%

Schools & Community

Neighborhood: 

Caprock

Elementary school: 

Parsons

Middle school: 

Atkins

High school: 

Monterey

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

$8,753
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$216,647
Cash to seller
$8,753

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2023

Original loan amount

$220,924

Est. remaining balance

$216,647

Interest rate

6.12%

Loan type

FHA, 30 year

Seller

Christian Lee Barron

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: 11/26/2024 at 7:45 AM

Listing updated: 10/29/2024 at 6:41 PM

Listed by: Saylor Carver, Progressive Properties

MLS: Lubbock #202413238

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