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5503 3rd Street

5503 3rd Street, Lubbock, TX 79416
5503 3rd 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 1972 and is 54 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 5503 3rd Street has 1,345 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 1,120 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,720 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 525 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, 5503 3rd Street sold most recently in Jan 11, 2024 for a total of $147,764. If you work out the math, that's approximately a cost of $109.86 per sqft. Before that, the property was also sold for $104,400 in Jun 13, 2014. 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 $204,940 in taxes each year. 5503 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $159,949. If we break it down further, the land itself was valued at $5,100. Improvements to the property, however, were assessed at a total of $165,657. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230831
08/31/2023
3 Bed
2 Bath
1345 ft²
$170,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1345 ft²
-
-
Jay Galea
Exit Realty of Lubbock


Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 525
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,720
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,345
  • Gross Building Area: 1,345
  • Building Area: 1,345
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,345
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST WIND
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: WEST WIND L 20

Neighborhood

  • School District Name: Lubbock Independent School District
  • School Tax School District: WHP
  • Census Tract: 000411

Geography

  • Assessors Map Reference: 548
  • Parcel: R80873
  • Lot: 200
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.5944
  • Longitude: -101.932

    Address

  • Full Address: 5503 3rd St
  • Address - House Number: 5503
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lubbock
  • Carrier Code: C058
  • 4-Digit Zip Code: 1511
  • Zip Code: 79416

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $204,940
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 158,958
  • High Value: 187,455
  • Low Value: 130,461

    Market Valuation

  • Market Total Value: $170,757
  • Market Land Value: $5,100
  • Market Improvement Value: $165,657

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,949
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $165,657

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2024
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1331
  • Previous Sale Recording Date: Jun 16, 2014
  • Previous Sale Contract Date: Jun 13, 2014
  • Previous Sale Amount: $104,400
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About North by Northwest



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Frequently Asked Questions

What neighborhood is 5503 3rd Street located in?
The 5503 3rd Street is a house located in the neighborhood of North by Northwest in North by Northwest, Lubbock.
What is the average sales price for listings in 5503 3rd Street?
The average sales price for units in 5503 3rd Street is $0 currently.