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502 55th St; Lubbock, TX Property Details

502 55th St, Lubbock, TX is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 502 55th St has 2 bedrooms, and 1 bathroom, and a total of 828 square feet. The lot size of 502 55th St is 11,625 square feet.

Off market
502 55th St Lubbock, TX 79404
$87,115 Estimated Value
2 Beds
1 Baths
828 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $31,900
  • Est. Equity / %: $99,000 / 100%
  • Gross Yield: 10.218%
  • APN: R39379
  • Situs County: Lubbock
  • Length Of Ownership: 18 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Average
  • Building Quality: E
  • Roof Type: Gable
  • Roof Cover Type: Other

Measurements

  • Total: 828/SqFt
  • Lot: 11,625/SqFt
  • Gross: 1,092/SqFt
  • Garage: 264/SqFt
  • Living: 828/SqFt
  • Building: 1,092/SqFt
  • Ground: 828/SqFt
  • Garage Unfinished: 264/SqFt
  • Price Per Square Foot: $38.53

Legal Description

  • Description: LYNDALE ACRES BLK 16 L 19
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: 33.54446 / -101.84079
  • Subdivision: Lyndale Acres
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 4518
  • Cooling: Window\Unit
  • Garage: Attached Garage
  • Heating: Floor/Wall

Ownership Info

502 55th St has no associated ownership info
502 55th St has no associated ownership info.

Taxes

502 55th St has 10 associated Taxes items

502 55th 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 $87,115. The APN we've located for 502 55th St is R39379.

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Taxes
  • Assessed Value:  $87,115
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R39379
  • Assessed Land Value:  7333
  • Market Land Value:  14500
  • Tax Amount:  1318.27
  • Tax Year:  2024
  • Market Value:  94282
  • Market Year:  2025

Tax History

502 55th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,115 Land Value $7,333 Improvement Value $79,782 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $75,535 Land Value $14,500 Improvement Value $61,035 Tax Amount $1,318.27 Change Rate +0.172275% Assessed CR Tax Rate +0.017452%
Year 2023 Assessed Value $60,497 Land Value $1,642 Improvement Value $58,855 Tax Amount $1,124.54 Change Rate -0.081753% Assessed CR Tax Rate +0.018588%
Year 2022 Assessed Value $60,497 Land Value $1,642 Improvement Value $58,855 Tax Amount $1,224.66 Change Rate +0.17021% Assessed CR Tax Rate +0.020243%
Year 2021 Assessed Value $49,202 Land Value $1,642 Improvement Value $47,560 Tax Amount $1,046.53 Change Rate -0.006833% Assessed CR Tax Rate +0.02127%
Year 2020 Assessed Value $49,202 Land Value $1,642 Improvement Value $47,560 Tax Amount $1,053.73 Change Rate +0.174059% Assessed CR Tax Rate +0.021416%
Year 2019 Assessed Value $41,275 Land Value $1,642 Improvement Value $39,633 Tax Amount $897.51 Change Rate +0.094751% Assessed CR Tax Rate +0.021745%
Year 2018 Assessed Value $36,519 Land Value $1,642 Improvement Value $34,877 Tax Amount $819.83 Change Rate +0.106831% Assessed CR Tax Rate +0.022449%
Year 2017 Assessed Value $32,952 Land Value $1,642 Improvement Value $31,310 Tax Amount $740.7 Change Rate -0.001294% Assessed CR Tax Rate +0.022478%
Year 2016 Assessed Value $32,952 Land Value $1,642 Improvement Value $31,310 Tax Amount $741.66 Change Rate Assessed CR Tax Rate +0.022507%
Year 2015 Assessed Value $32,939 Land Value $1,642 Improvement Value $31,297 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,939 Land Value $1,642 Improvement Value $31,297 Tax Amount $732.42 Change Rate Assessed CR Tax Rate +0.022236%