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508 40th St; Lubbock, TX Property Details

508 40th St, Lubbock, TX is a Single Family that was built in 1939. This property is not for sale. Our records show that 508 40th St has 3 bedrooms, and 2 bathrooms, and a total of 1,360 square feet. The lot size of 508 40th St is 6,625 square feet.

Off market
508 40th St Lubbock, TX 79404
$81,084 Estimated Value
3 Beds
2 Baths
1,360 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1939
  • Est. Equity / %: $99,000 / 100%
  • Gross Yield: 10.012%
  • APN: R91050
  • Situs County: Lubbock
  • Length Of Ownership: 27 years, 1 months

Rooms

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

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Rock, Stone
  • Building Condition: Good
  • Building Quality: E
  • Roof Type: Gable
  • Roof Cover Type: Other

Measurements

  • Total: 1,360/SqFt
  • Lot: 6,625/SqFt
  • Gross: 1,360/SqFt
  • Living: 1,360/SqFt
  • Building: 1,360/SqFt
  • Ground: 1,360/SqFt

Legal Description

  • Description: SCALES BLK 3A E50OF L 12
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: 33.558056 / -101.84083
  • Subdivision: Scales
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 2726

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

508 40th St has no associated ownership info
508 40th St has no associated ownership info.

Taxes

508 40th St has 10 associated Taxes items

508 40th 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 $81,084. The APN we've located for 508 40th St is R91050.

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Taxes
  • Assessed Value:  $81,084
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R91050
  • Assessed Land Value:  18000
  • Market Land Value:  18000
  • Tax Amount:  612.86
  • Tax Year:  2024
  • Market Value:  81084
  • Market Year:  2025

Tax History

508 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $81,084 Land Value $18,000 Improvement Value $63,084 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $67,524 Land Value $18,000 Improvement Value $49,524 Tax Amount $612.86 Change Rate -0.026975% Assessed CR Tax Rate +0.009076%
Year 2023 Assessed Value $67,361 Land Value $1,000 Improvement Value $97,280 Tax Amount $629.85 Change Rate -0.215453% Assessed CR Tax Rate +0.00935%
Year 2022 Assessed Value $61,237 Land Value $1,000 Improvement Value $69,570 Tax Amount $802.82 Change Rate -0.108196% Assessed CR Tax Rate +0.01311%
Year 2021 Assessed Value $55,670 Land Value $1,000 Improvement Value $54,670 Tax Amount $900.22 Change Rate -0.004611% Assessed CR Tax Rate +0.016171%
Year 2020 Assessed Value $55,670 Land Value $1,000 Improvement Value $54,670 Tax Amount $904.39 Change Rate +0.064828% Assessed CR Tax Rate +0.016246%
Year 2019 Assessed Value $52,454 Land Value $1,000 Improvement Value $51,454 Tax Amount $849.33 Change Rate +0.077816% Assessed CR Tax Rate +0.016192%
Year 2018 Assessed Value $48,855 Land Value $1,000 Improvement Value $47,855 Tax Amount $788.01 Change Rate +0.142673% Assessed CR Tax Rate +0.01613%
Year 2017 Assessed Value $44,414 Land Value $1,000 Improvement Value $43,414 Tax Amount $689.62 Change Rate -0.001838% Assessed CR Tax Rate +0.015527%
Year 2016 Assessed Value $44,414 Land Value $1,000 Improvement Value $43,414 Tax Amount $690.89 Change Rate Assessed CR Tax Rate +0.015556%
Year 2015 Assessed Value $43,920 Land Value $1,000 Improvement Value $42,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $43,920 Land Value $1,000 Improvement Value $42,920 Tax Amount $791.35 Change Rate Assessed CR Tax Rate +0.018018%