tomo logo

$130,000

Beds
3
Baths
2.0
sq ft
1,067

4205 E 61st St, Lubbock, TX 79403

4205 E 61st St

Lubbock, TX 79403

  • 50 days on market
Investors' dream in West Texas! This 3-bedroom house offers prime investment potential in a burgeoning market. Situated close to the highway with easy access to many amenities, it boasts a spacious layout. The open-plan kitchen features formica countertops and vinyl flooring, perfect for attracting long-term tenants. The master suite includes a en-suite bath for added comfort. Outside, a sizable backyard awaits landscaping possibilities. Conveniently located near schools and highways, this property promises great rental yields and a great addition to your portfolio. Don't miss out on this lucrative opportunity!

Details

Property type

Single Family Residence

Est. home value

$128,794

Lot size

7,200 sq ft

Price per sq ft

$122

Year built

2018

Annual property taxes

$2,172

Price History

10/01/2024
Lubbock

Lubbock #202412237

Removed
10/01/2024
Lubbock

Lubbock #202413879

Listed
$130,000
08/26/2024
Lubbock

Lubbock #202410543

Removed

Schools & Community

Elementary school: 

Ervin

Middle school: 

Dunbar College Prepa

High school: 

Estacado

School district: 

Lubbock ISD

Seller’s Loan History

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

Lender

Texas Tech Fcu

Loan start date

October 2020

Original loan amount

$86,250

Est. remaining balance

Not provided

Interest rate

2.91%

Loan type

New Conventional

Seller

Blake Dolan Hoffman and Nancy Ann Hoffman

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: 11/20/2024 at 6:20 AM

Listing updated: 10/01/2024 at 4:18 PM

Listed by: Collen J. Melton, Brick & Loft Realty

MLS: Lubbock #202413879

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