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502 56th St; Lubbock, TX Property Details

502 56th 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 56th St has 3 bedrooms, and 2 bathrooms, and a total of 1,290 square feet. The lot size of 502 56th St is 11,943 square feet.

Off market
502 56th St Lubbock, TX 79404
$127,653 Estimated Value
3 Beds
2 Baths
1,290 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $37,500
  • Est. Equity / %: $118,000 / 100%
  • Gross Yield: 8.898%
  • APN: R40030
  • Situs County: Lubbock
  • Length Of Ownership: 17 years

Rooms

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

Structure

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

Measurements

  • Total: 1,290/SqFt
  • Lot: 11,943/SqFt
  • Gross: 1,554/SqFt
  • Garage: 264/SqFt
  • Living: 1,290/SqFt
  • Building: 1,554/SqFt
  • Ground: 1,290/SqFt
  • Garage Unfinished: 264/SqFt
  • Price Per Square Foot: $29.07

Legal Description

  • Description: LYNDALE ACRES BLK 17 L 13
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: 33.543568 / -101.84149
  • Subdivision: Lyndale Acres
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 4520
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central

Ownership Info

502 56th St has no associated ownership info
502 56th St has no associated ownership info.

Taxes

502 56th St has 10 associated Taxes items

502 56th 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 $127,653. The APN we've located for 502 56th St is R40030.

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Taxes
  • Assessed Value:  $127,653
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R40030
  • Assessed Land Value:  14500
  • Market Land Value:  14500
  • Tax Amount:  540.61
  • Tax Year:  2024
  • Market Value:  127653
  • Market Year:  2025

Tax History

502 56th St has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $127,653 Land Value $14,500 Improvement Value $113,153 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $101,065 Land Value $14,500 Improvement Value $86,565 Tax Amount $540.61 Change Rate +0.010297% Assessed CR Tax Rate +0.005349%
Year 2023 Assessed Value $83,554 Land Value $1,600 Improvement Value $83,473 Tax Amount $535.1 Change Rate -0.689287% Assessed CR Tax Rate +0.006404%
Year 2022 Assessed Value $85,073 Land Value $1,600 Improvement Value $83,473 Tax Amount $1,722.17 Change Rate +0.172541% Assessed CR Tax Rate +0.020243%
Year 2021 Assessed Value $69,053 Land Value $1,600 Improvement Value $67,453 Tax Amount $1,468.75 Change Rate -0.00683% Assessed CR Tax Rate +0.02127%
Year 2020 Assessed Value $69,053 Land Value $1,600 Improvement Value $67,453 Tax Amount $1,478.85 Change Rate +0.176407% Assessed CR Tax Rate +0.021416%
Year 2019 Assessed Value $57,811 Land Value $1,600 Improvement Value $56,211 Tax Amount $1,257.09 Change Rate +0.096574% Assessed CR Tax Rate +0.021745%
Year 2018 Assessed Value $51,065 Land Value $1,600 Improvement Value $49,465 Tax Amount $1,146.38 Change Rate +0.108513% Assessed CR Tax Rate +0.022449%
Year 2017 Assessed Value $46,007 Land Value $1,600 Improvement Value $44,407 Tax Amount $1,034.16 Change Rate -0.001275% Assessed CR Tax Rate +0.022478%
Year 2016 Assessed Value $46,007 Land Value $1,600 Improvement Value $44,407 Tax Amount $1,035.48 Change Rate Assessed CR Tax Rate +0.022507%
Year 2015 Assessed Value $45,436 Land Value $1,600 Improvement Value $43,836 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $45,436 Land Value $1,600 Improvement Value $43,836 Tax Amount $1,010.31 Change Rate Assessed CR Tax Rate +0.022236%
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