5601 116th Street

5601 116th 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 2020 and is 6 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, 5601 116th Street has 1,816 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,623 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 550 sqft. 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 . There is a single fireplace in the home. Perfect for those wintery nights. 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, 5601 116th Street sold most recently in Jun 23, 2023 for a total of $331,170. If you work out the math, that's approximately a cost of $182.36 per sqft. Before that, the property was also sold for $245,500 in Aug 7, 2020. 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 $396,703 in taxes each year. 5601 116th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $326,196. If we break it down further, the land itself was valued at $41,394. Improvements to the property, however, were assessed at a total of $301,931. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.