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506 Iola Ave; Lubbock, TX Property Details

506 Iola Ave, Lubbock, TX is a Single Family that was built in 1983. This property is currently Financed and is not for sale. Our records show that 506 Iola Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,365 square feet. The lot size of 506 Iola Ave is 9,266 square feet.

Off market
506 Iola Ave Lubbock, TX 79416
$162,825 Estimated Value
3 Beds
2 Baths
1,365 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $110,000
  • Open Loans / Balance: 1 / $72,196
  • Est. Equity / %: $110,804 / 60.55%
  • Gross Yield: 9.344%
  • APN: R37910
  • Situs County: Lubbock
  • Length Of Ownership: 9 years, 1 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: Gable
  • Roof Cover Type: Other

Measurements

  • Total: 1,365/SqFt
  • Lot: 9,266/SqFt
  • Gross: 1,827/SqFt
  • Garage: 462/SqFt
  • Living: 1,365/SqFt
  • Building: 1,827/SqFt
  • Ground: 1,365/SqFt
  • Garage Unfinished: 462/SqFt
  • Price Per Square Foot: $80.59

Legal Description

  • Description: REVIER FARM L 155
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: 33.590588 / -101.94868
  • Subdivision: Revier Farm
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 4142
  • Cooling: Window\Unit
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Floor/Wall

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

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

Taxes

506 Iola Ave has 10 associated Taxes items

506 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 $162,825. The APN we've located for 506 Iola Ave is R37910.

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Taxes
  • Assessed Value:  $162,825
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R37910
  • Assessed Land Value:  20385
  • Market Land Value:  20385
  • Tax Amount:  3352.45
  • Tax Year:  2025
  • Market Value:  162825
  • Market Year:  2025

Tax History

506 Iola Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $162,825 Land Value $20,385 Improvement Value $142,440 Tax Amount $3,352.45 Change Rate -0.022883% Assessed CR Tax Rate +0.020589%
Year 2024 Assessed Value $166,204 Land Value $20,385 Improvement Value $145,819 Tax Amount $3,430.96 Change Rate +0.021444% Assessed CR Tax Rate +0.020643%
Year 2023 Assessed Value $160,404 Land Value $20,385 Improvement Value $140,019 Tax Amount $3,358.93 Change Rate +0.043759% Assessed CR Tax Rate +0.02094%
Year 2022 Assessed Value $141,348 Land Value $20,385 Improvement Value $120,963 Tax Amount $3,218.11 Change Rate +0.134684% Assessed CR Tax Rate +0.022767%
Year 2021 Assessed Value $119,800 Land Value $20,385 Improvement Value $99,415 Tax Amount $2,836.13 Change Rate +0.015584% Assessed CR Tax Rate +0.023674%
Year 2020 Assessed Value $126,045 Land Value $20,385 Improvement Value $105,660 Tax Amount $2,792.61 Change Rate +0.352314% Assessed CR Tax Rate +0.022156%
Year 2019 Assessed Value $85,000 Land Value $20,385 Improvement Value $64,615 Tax Amount $2,065.06 Change Rate -0.285664% Assessed CR Tax Rate +0.024295%
Year 2018 Assessed Value $115,638 Land Value $20,385 Improvement Value $95,253 Tax Amount $2,890.88 Change Rate +82.11903% Assessed CR Tax Rate +0.024999%
Year 2017 Assessed Value $110,835 Land Value $20,385 Improvement Value $90,450 Tax Amount $34.78 Change Rate Assessed CR Tax Rate +0.000314%
Year 2016 Assessed Value $103,171 Land Value $11,119 Improvement Value $92,052 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $97,181 Land Value $11,119 Improvement Value $86,062 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $90,168 Land Value $11,119 Improvement Value $79,049 Tax Amount Change Rate Assessed CR Tax Rate