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2516 Madison St; Lubbock, TX Property Details

2516 Madison St, Lubbock, TX is a Single Family that was built in 2004. This property is currently a cash purchase and is not for sale. Our records show that 2516 Madison St has 3 bedrooms, and 2 bathrooms, and a total of 1,940 square feet. The lot size of 2516 Madison St is 9,628 square feet.

Off market  •   Pre Probate ✓
2516 Madison St Lubbock, TX 79415
$224,523 Estimated Value
3 Beds
2 Baths
1,940 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2004
  • Purchase Price: $10,000
  • Est. Equity / %: $297,000 / 100%
  • Gross Yield: 8.331%
  • APN: R159243
  • Situs County: Lubbock
  • Length Of Ownership: 18 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,940/SqFt
  • Lot: 9,628/SqFt
  • Gross: 2,424/SqFt
  • Garage: 484/SqFt
  • Living: 1,940/SqFt
  • Building: 2,424/SqFt
  • Ground: 1,940/SqFt
  • Garage Unfinished: 484/SqFt
  • Price Per Square Foot: $5.15

Legal Description

  • Description: HILLCREST SOUTH L 15
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lubbock Independent School District
  • Lat / Lon: 33.63776 / -101.87291
  • Subdivision: Hillcrest South
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 1727
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2516 Madison St has no associated ownership info
2516 Madison St has no associated ownership info.

Taxes

2516 Madison St has 10 associated Taxes items

2516 Madison St, Lubbock, TX pays taxes in Lubbock County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $224,523. The APN we've located for 2516 Madison St is R159243.

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Taxes
  • Assessed Value:  $224,523
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R159243
  • Assessed Land Value:  14400
  • Market Land Value:  14400
  • Tax Amount:  1905.54
  • Tax Year:  2024
  • Market Value:  224523
  • Market Year:  2025

Tax History

2516 Madison St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $224,523 Land Value $14,400 Improvement Value $210,123 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $231,583 Land Value $14,400 Improvement Value $217,183 Tax Amount $1,905.54 Change Rate -0.013665% Assessed CR Tax Rate +0.008228%
Year 2023 Assessed Value $238,750 Land Value $14,400 Improvement Value $224,350 Tax Amount $1,931.94 Change Rate -0.176577% Assessed CR Tax Rate +0.008092%
Year 2022 Assessed Value $197,583 Land Value $14,400 Improvement Value $183,183 Tax Amount $2,346.23 Change Rate +0.005554% Assessed CR Tax Rate +0.011875%
Year 2021 Assessed Value $184,925 Land Value $14,400 Improvement Value $170,525 Tax Amount $2,333.27 Change Rate +0.006974% Assessed CR Tax Rate +0.012617%
Year 2020 Assessed Value $169,430 Land Value $14,400 Improvement Value $155,030 Tax Amount $2,317.11 Change Rate -0.002733% Assessed CR Tax Rate +0.013676%
Year 2019 Assessed Value $171,254 Land Value $14,400 Improvement Value $156,854 Tax Amount $2,323.46 Change Rate -0.001783% Assessed CR Tax Rate +0.013567%
Year 2018 Assessed Value $171,698 Land Value $14,400 Improvement Value $157,298 Tax Amount $2,327.61 Change Rate -0.002789% Assessed CR Tax Rate +0.013556%
Year 2017 Assessed Value $173,506 Land Value $14,400 Improvement Value $159,106 Tax Amount $2,334.12 Change Rate +0.002767% Assessed CR Tax Rate +0.013453%
Year 2016 Assessed Value $164,339 Land Value $14,400 Improvement Value $149,939 Tax Amount $2,327.68 Change Rate Assessed CR Tax Rate +0.014164%
Year 2015 Assessed Value $149,399 Land Value $14,400 Improvement Value $134,999 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $135,817 Land Value $14,400 Improvement Value $121,417 Tax Amount $2,423.37 Change Rate Assessed CR Tax Rate +0.017843%