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507 48th St; Lubbock, TX Property Details

507 48th St, Lubbock, TX is a Single Family that was built in 2007. This property is currently a cash purchase and is not for sale. Our records show that 507 48th St has 3 bedrooms, and 1 bathroom, and a total of 1,090 square feet. The lot size of 507 48th St is 9,432 square feet.

Off market
507 48th St Lubbock, TX 79404
$56,000 Listing Price
3 Beds
1 Baths
1,090 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Est. Equity / %: $115,000 / 100%
  • Gross Yield: 9.37%
  • APN: R77785
  • Situs County: Lubbock
  • Length Of Ownership: 11 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Quality: E
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,090/SqFt
  • Lot: 9,432/SqFt
  • Gross: 1,090/SqFt
  • Garage: 380/SqFt
  • Living: 1,090/SqFt
  • Building: 1,090/SqFt
  • Ground: 1,090/SqFt
  • Garage Unfinished: 380/SqFt

Legal Description

  • Description: SUBURBAN HOMES BLK 5 L 10
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: 33.550465 / -101.840775
  • Subdivision: Suburban Homes
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 3621
  • Cooling: Central
  • Garage: Carport
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

507 48th St has no associated ownership info
507 48th St has no associated ownership info.

Taxes

507 48th St has 10 associated Taxes items

507 48th 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 $78,317. The APN we've located for 507 48th St is R77785.

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Taxes
  • Assessed Value:  $78,317
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R77785
  • Assessed Land Value:  18000
  • Market Land Value:  18000
  • Tax Amount:  1248.49
  • Tax Year:  2024
  • Market Value:  78317
  • Market Year:  2025

Tax History

507 48th St has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,317 Land Value $18,000 Improvement Value $60,317 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $68,753 Land Value $18,000 Improvement Value $50,753 Tax Amount $1,248.49 Change Rate -0.344793% Assessed CR Tax Rate +0.018159%
Year 2023 Assessed Value $102,510 Land Value $1,600 Improvement Value $100,910 Tax Amount $1,905.49 Change Rate +0.237395% Assessed CR Tax Rate +0.018588%
Year 2022 Assessed Value $76,071 Land Value $1,600 Improvement Value $74,471 Tax Amount $1,539.92 Change Rate +0.1907% Assessed CR Tax Rate +0.020243%
Year 2021 Assessed Value $60,804 Land Value $1,600 Improvement Value $59,204 Tax Amount $1,293.29 Change Rate -0.017876% Assessed CR Tax Rate +0.02127%
Year 2020 Assessed Value $61,488 Land Value $1,600 Improvement Value $59,888 Tax Amount $1,316.83 Change Rate +0.033286% Assessed CR Tax Rate +0.021416%
Year 2019 Assessed Value $58,608 Land Value $1,600 Improvement Value $57,008 Tax Amount $1,274.41 Change Rate +0.020712% Assessed CR Tax Rate +0.021745%
Year 2018 Assessed Value $55,616 Land Value $1,600 Improvement Value $54,016 Tax Amount $1,248.55 Change Rate +0.078186% Assessed CR Tax Rate +0.022449%
Year 2017 Assessed Value $51,517 Land Value $1,600 Improvement Value $49,917 Tax Amount $1,158.01 Change Rate -0.011718% Assessed CR Tax Rate +0.022478%
Year 2016 Assessed Value $52,060 Land Value $1,600 Improvement Value $50,460 Tax Amount $1,171.74 Change Rate Assessed CR Tax Rate +0.022507%
Year 2015 Assessed Value $52,518 Land Value $1,600 Improvement Value $50,918 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $53,060 Land Value $1,600 Improvement Value $51,460 Tax Amount $1,179.82 Change Rate Assessed CR Tax Rate +0.022236%
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