tomo logo

$187,000

Beds
3
Baths
2.0
sq ft
1,276

5507 3rd St, Lubbock, TX 79416

5507 3rd St

Lubbock, TX 79416

  • 1 day on market
Charming First Home with Modern Updates and Natural Light! Step into this delightful home, perfect for first-time buyers or anyone seeking a cozy retreat. Large windows throughout create a warm and inviting atmosphere you'll love coming home to. With its perfect combination of charm and functionality, this home is ready to make your first-time ownership dreams a reality. Don't miss your chance to call it yours!

Details

Property type

Single Family Residence

Est. home value

$169,418

Lot size

6,720 sq ft

Price per sq ft

$147

Year built

1972

Annual property taxes

$2,029

Price History

01/09/2025
Lubbock

Lubbock #202500486

Listed
$187,000
07/06/2022
Lubbock

Lubbock #202205694

Removed
04/13/2018
Lubbock

Lubbock #201802115

Removed

Schools & Community

Neighborhood: 

North By Northwest

Elementary school: 

Hardwick

Middle school: 

Mackenzie

High school: 

Coronado

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

$9,919
Asking price
$187,000
Closing costs (~8% of asking)
-$14,960
Est. remaining loan balance
-$162,121
Cash to seller
$9,919

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

July 2022

Original loan amount

$168,295

Est. remaining balance

$162,121

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Nolan Wilkinson

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: 01/10/2025 at 12:25 AM

Listing updated: 01/09/2025 at 12:31 PM

Listed by: Sarah Posey, Keller Williams Realty

MLS: Lubbock #202500486

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