Check Availability
$209,000
House - For Sale

2005 22nd Street

Lubbock, TX 79411
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1620 Sqft
$1,185
Estimated Monthly
10.57%
Cap Rate

About This Property

Investment opportunity close to Texas Tech Campus! Front unit featuring 3 bedrooms, 1 bathroom with spacious backyard and detached carport with side door access. Rear unit featuring 1 bedroom, 1 bathroom with separate rear parking and unit access. Front and rear currently leased.   Front unit - $995 (2/26/24 - 2/25/25)

The manager has listed the unit size as 1620 square feet.
Unit Size
1,620Ft²
Days on Market
61 days
Land Size
0.16 acres
Price per sqft
$129
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1940

Listed By

Last updated: 3 days ago (LAORTX #202405175)

Price History

Date / Event Date Event Price
Apr 22, 2024 Listed by ERA Newlin & Company $209,000
Listed by ERA Newlin & Company
Nov 14, 2023 No longer available -
No longer available
Aug 28, 2023 Listed by ERA Newlin & Company $214,000
Listed by ERA Newlin & Company
Investment property located in the Heart of Lubbock. Four bedroom, one bath with detached carport. The manager has listed the unit size as 1620 square feet.
Jun 14, 2023 Sold $207,480
Sold
May 23, 2023 No longer available -
No longer available
Show More

Property Highlights

Exterior Details

Exterior Information

Masonite

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,112
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 508
  • Total Building Area: 1,236
  • Gross Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,236
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MCCRUMMEN 2ND
  • Land Acres: 0.163
  • Legal Description 1: MCCRUMMEN 2ND BLK 12 L 3

Ownership

  • Current Owner : BAILA CON DINERO LLC
  • Current Owner 2: PAVO RANCH LP
  • Previous Owner : HOPE 1023 INVESTMENTS LLC
  • Owner Before Previous Owner: NOT AVAILABLE FROM COUNTY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lubbock Independent School District
  • School Tax School District: WHP
  • Census Tract: 001402

Geography

  • Assessors Map Reference: 132
  • Parcel: R109361
  • Block: 12
  • Lot: 3
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.5747
  • Longitude: -101.86

    Address

  • Full Address: 2005 22nd St
  • Address - House Number: 2005
  • Address - Street Name: 22nd
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lubbock
  • Carrier Code: C031
  • 4-Digit Zip Code: 1254
  • Zip Code: 79411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,889
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 209,771
  • High Value: 246,795
  • Low Value: 172,746

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF ARENZVI
  • First Open Lien Mortgage Recording Date: Jun 14, 2023
  • First Open Lien Mortgage Loan Amount: $156,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 14, 2053

    Market Valuation

  • Market Total Value: $101,620
  • Market Land Value: $13,868
  • Market Improvement Value: $87,752

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,620
  • Assessed Land Value: $13,868
  • Assessed Improvements Value: $87,752

    Sales

  • Current Sale Contract Date: Jun 13, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Transaction ID: 11907993059
  • Current Sale Price: $207,480
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 21989
  • Previous Sale Recording Date: Jan 01, 1985
  • Previous Sale Contract Date: Jan 01, 1985
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF ARENZVI
  • First Mortgage Transaction Date: Jun 14, 2023
  • First Mortgage Loan Amount: $156,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,358 ft²
$106/ft²
$250,000 Mar 14, 2024
-
$258/mo
House
3 Beds
2 Baths
1,738 ft²
$102/ft²
$177,500 Dec 13, 2023
-
$242/mo
House
3 Beds
3 Baths
1,408 ft²
$153/ft²
$215,000 Mar 6, 2024
-
$209/mo
House
3 Beds
1 Bath
1,453 ft²
$117/ft²
$169,500 Mar 18, 2024
-
$257/mo
House
3 Beds
3 Baths
1,352 ft²
$140/ft²
$189,000 Jun 6, 2023
-
-
House
4 Beds
3 Baths
2,679 ft²
$90/ft²
$240,000 Apr 12, 2024
-
$332/mo
House
3 Beds
2 Baths
1,344 ft²
$130/ft²
$175,000 Mar 25, 2024
-
$205/mo
House
3 Beds
2 Baths
1,212 ft²
$164/ft²
$199,000 Apr 17, 2024
-
$217/mo
House
3 Beds
2 Baths
1,198 ft²
$200/ft²
$240,000 Mar 21, 2024
-
-

About Heart of Lubbock


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Frequently Asked Questions

When was property at 2005 22nd Street built and last sold?
The property at 2005 22nd Street was built in 1940 and last sold on Jun 13, 2023 for $207,480.
How much is this home worth?
The estimated value of the home located at 2005 22nd Street is $208,733.
What are some comparable homes to 2005 22nd Street?
Homes that are comparable to 2005 22nd Street include a house property at 2301 27th Street, 2206 28th Street, 2405 24th Street.

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