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505 N Iola Ave; Lubbock, TX Property Details

505 N Iola Ave, Lubbock, TX is a Single Family that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 505 N Iola Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,314 square feet. The lot size of 505 N Iola Ave is 5,002 square feet.

For Rent
505 N Iola Ave Lubbock, TX 79416
$1,450 Listing Price
3 Beds
2 Baths
1,314 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2002
  • Est. Equity / %: $175,000 / 100%
  • Gross Yield: 9.291%
  • APN: R166510
  • Situs County: Lubbock
  • Length Of Ownership: 4 years, 7 months

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: 1,314/SqFt
  • Lot: 5,002/SqFt
  • Gross: 1,766/SqFt
  • Garage: 452/SqFt
  • Living: 1,314/SqFt
  • Building: 1,766/SqFt
  • Ground: 1,314/SqFt
  • Garage Unfinished: 452/SqFt

Legal Description

  • Description: SHADOW HILLS L 392
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: 33.604477 / -101.95105
  • Subdivision: Shadow Hills
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 3342
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

505 N Iola Ave has no associated ownership info
505 N Iola Ave has no associated ownership info.

Taxes

505 N Iola Ave has 10 associated Taxes items

505 N 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 $158,339. The APN we've located for 505 N Iola Ave is R166510.

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Taxes
  • Assessed Value:  $158,339
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R166510
  • Assessed Land Value:  7503
  • Market Land Value:  7503
  • Tax Amount:  3260.08
  • Tax Year:  2025
  • Market Value:  158339
  • Market Year:  2025

Tax History

505 N Iola Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $158,339 Land Value $7,503 Improvement Value $150,836 Tax Amount $3,260.08 Change Rate -0.112217% Assessed CR Tax Rate +0.020589%
Year 2024 Assessed Value $177,889 Land Value $7,503 Improvement Value $170,386 Tax Amount $3,672.16 Change Rate +0.019988% Assessed CR Tax Rate +0.020643%
Year 2023 Assessed Value $171,926 Land Value $7,503 Improvement Value $164,423 Tax Amount $3,600.2 Change Rate +0.023788% Assessed CR Tax Rate +0.02094%
Year 2022 Assessed Value $154,456 Land Value $7,503 Improvement Value $146,953 Tax Amount $3,516.55 Change Rate +0.099905% Assessed CR Tax Rate +0.022767%
Year 2021 Assessed Value $135,049 Land Value $7,503 Improvement Value $127,546 Tax Amount $3,197.14 Change Rate +0.060169% Assessed CR Tax Rate +0.023674%
Year 2020 Assessed Value $124,702 Land Value $7,503 Improvement Value $117,199 Tax Amount $3,015.69 Change Rate -0.015735% Assessed CR Tax Rate +0.024183%
Year 2019 Assessed Value $126,113 Land Value $7,503 Improvement Value $118,610 Tax Amount $3,063.9 Change Rate +0.02112% Assessed CR Tax Rate +0.024295%
Year 2018 Assessed Value $120,024 Land Value $7,503 Improvement Value $112,521 Tax Amount $3,000.53 Change Rate +0.028121% Assessed CR Tax Rate +0.024999%
Year 2017 Assessed Value $116,605 Land Value $7,503 Improvement Value $109,102 Tax Amount $2,918.46 Change Rate +0.047804% Assessed CR Tax Rate +0.025029%
Year 2016 Assessed Value $111,155 Land Value $7,503 Improvement Value $103,652 Tax Amount $2,785.31 Change Rate Assessed CR Tax Rate +0.025058%
Year 2015 Assessed Value $106,465 Land Value $7,503 Improvement Value $98,962 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $99,771 Land Value $7,503 Improvement Value $92,268 Tax Amount $2,502.9 Change Rate Assessed CR Tax Rate +0.025086%