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5407 40th Street

5407 40th Street, Lubbock, TX 79414
House in Wester
5407 40th Street has been categorized by the local assessors in Lubbock, TX as a type of property. The building on the property was first built in 1967 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 5407 40th Street has 1,278 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,620 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 252 sqft. Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5407 40th Street sold most recently in Dec 29, 2022 for a total of $141,317. If you work out the math, that's approximately a cost of $110.58 per sqft. Before that, the property was also sold for $98,500 in Sep 15, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $266,954 in taxes each year. 5407 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $143,614. If we break it down further, the land itself was valued at $5,400. Improvements to the property, however, were assessed at a total of $138,214. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20221203
12/03/2022
3 Bed
2 Bath
1198 ft²
$144,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1198 ft²
-
-
Brian Maines
Keller Williams - Lubbock


Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,620
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,278
  • Gross Building Area: 1,278
  • Building Area: 1,278
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHLAND TERRACE
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: RANCHLAND TERRACE L 72

Neighborhood

  • School District Name: Lubbock Independent School District
  • School Tax School District: WHP
  • Census Tract: 001709

Geography

  • Assessors Map Reference: 508
  • Parcel: R105784
  • Lot: 720
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.5576
  • Longitude: -101.928

    Address

  • Full Address: 5407 40th St
  • Address - House Number: 5407
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lubbock
  • Carrier Code: C021
  • 4-Digit Zip Code: 1009
  • Zip Code: 79414

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $266,954
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.2611
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 153,904
  • High Value: 194,096
  • Low Value: 113,712

    Market Valuation

  • Market Total Value: $143,614
  • Market Land Value: $5,400
  • Market Improvement Value: $138,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,614
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $138,214

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 57730
  • Previous Sale Recording Date: Sep 16, 2016
  • Previous Sale Contract Date: Sep 15, 2016
  • Previous Sale Amount: $98,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Wester



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Nearby Rentals

Unit for rent at 5431 45th Street, TX, 79414

$1,499 /mo

  • 3 Beds
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  • 1,329 ft²
5431 45th Street, TX, 79414 Listing by Chet Polniazek

Frequently Asked Questions

What neighborhood is 5407 40th Street located in?
The 5407 40th Street is a house located in the neighborhood of Wester in Wester, Lubbock.
What is the average sales price for listings in 5407 40th Street?
The average sales price for units in 5407 40th Street is $0 currently.