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502 Iola Ave; Lubbock, TX Property Details

502 Iola Ave, Lubbock, TX is a Single Family that was built in 2000. This property is currently Financed and is not for sale. Our records show that 502 Iola Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,995 square feet. The lot size of 502 Iola Ave is 8,250 square feet.

Off market
502 Iola Ave Lubbock, TX 79416
$273,275 Estimated Value
3 Beds
2 Baths
1,995 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2000
  • Purchase Price: $209,000
  • Open Loans / Balance: 1 / $144,841
  • Est. Equity / %: $88,159 / 37.84%
  • Gross Yield: 11.341%
  • APN: R37863
  • Situs County: Lubbock
  • Length Of Ownership: 7 years

Rooms

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

Structure

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

Measurements

  • Total: 1,995/SqFt
  • Lot: 8,250/SqFt
  • Gross: 2,435/SqFt
  • Garage: 440/SqFt
  • Living: 1,995/SqFt
  • Building: 2,435/SqFt
  • Ground: 1,995/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $104.76

Legal Description

  • Description: REVIER FARM L 153
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Frenship Independent School District
  • Lat / Lon: 33.590977 / -101.94869
  • Subdivision: Revier Farm
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 4142
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $484
  • H O A Amount: $484
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

502 Iola Ave has no associated ownership info
502 Iola Ave has no associated ownership info.

Taxes

502 Iola Ave has 10 associated Taxes items

502 Iola Ave, 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 $273,275. The APN we've located for 502 Iola Ave is R37863.

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Taxes
  • Assessed Value:  $273,275
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R37863
  • Assessed Land Value:  22500
  • Market Land Value:  22500
  • Tax Amount:  4350.78
  • Tax Year:  2024
  • Market Value:  273275
  • Market Year:  2025

Tax History

502 Iola Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $273,275 Land Value $22,500 Improvement Value $250,775 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $273,719 Land Value $22,500 Improvement Value $251,219 Tax Amount $4,350.78 Change Rate +0.109907% Assessed CR Tax Rate +0.015895%
Year 2023 Assessed Value $242,543 Land Value $22,500 Improvement Value $244,361 Tax Amount $3,919.95 Change Rate -0.125458% Assessed CR Tax Rate +0.016162%
Year 2022 Assessed Value $220,494 Land Value $22,500 Improvement Value $213,810 Tax Amount $4,482.29 Change Rate +0.018371% Assessed CR Tax Rate +0.020328%
Year 2021 Assessed Value $200,449 Land Value $22,500 Improvement Value $177,949 Tax Amount $4,401.43 Change Rate +0.01071% Assessed CR Tax Rate +0.021958%
Year 2020 Assessed Value $194,839 Land Value $22,500 Improvement Value $172,339 Tax Amount $4,354.79 Change Rate -0.031473% Assessed CR Tax Rate +0.022351%
Year 2019 Assessed Value $185,072 Land Value $22,500 Improvement Value $162,572 Tax Amount $4,496.3 Change Rate +0.732331% Assessed CR Tax Rate +0.024295%
Year 2018 Assessed Value $181,703 Land Value $22,500 Improvement Value $159,203 Tax Amount $2,595.52 Change Rate +0.000802% Assessed CR Tax Rate +0.014284%
Year 2017 Assessed Value $175,498 Land Value $22,500 Improvement Value $152,998 Tax Amount $2,593.44 Change Rate +0.000791% Assessed CR Tax Rate +0.014778%
Year 2016 Assessed Value $169,559 Land Value $12,000 Improvement Value $157,559 Tax Amount $2,591.39 Change Rate Assessed CR Tax Rate +0.015283%
Year 2015 Assessed Value $158,908 Land Value $12,000 Improvement Value $146,908 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $148,507 Land Value $12,000 Improvement Value $136,507 Tax Amount $2,724.04 Change Rate Assessed CR Tax Rate +0.018343%