tomo logo

$229,900

Beds
3
Baths
2.0
sq ft
1,774

5624 87th St, Lubbock, TX 79424

5624 87th St

Lubbock, TX 79424

  • 56 days on market
Come see this lovely 3/2/2 home located in South Lubbock in a beautiful neighborhood! This house would make a perfect first home or fantastic investment property! The property features an open kitchen, hardwood floors, BONUS/FLEX room, huge closets, and updates throughout! Book your showing TODAY!

Details

Property type

Single Family Residence

Est. home value

$240,771

Lot size

6,300 sq ft

Price per sq ft

$130

Year built

1984

Annual property taxes

$3,460

Price History

01/28/2025
Lubbock

Lubbock #201704692

Removed
01/01/2025
Lubbock

Lubbock #202410604

Removed
01/01/2025
Lubbock

Lubbock #202500013

Listed
$229,900
-3.16%

Schools & Community

Neighborhood: 

Preston Smith

Elementary school: 

Smith

Middle school: 

Irons

High school: 

Coronado

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

$65,195
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$146,313
Cash to seller
$65,195

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

Seller’s Loan History

Lender

Citywide Banks

Loan start date

July 2023

Original loan amount

$148,750

Est. remaining balance

$146,313

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Garrett Keith Kaldenberg and Stacey Kaldenberg

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: 02/27/2025 at 6:50 AM

Listing updated: 02/10/2025 at 1:32 AM

Listed by: J'Lynn Mounce, Amy Tapp Realty Phone #: (806) 993-8277

MLS: Lubbock #202500013

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