Large Location Icon

517 40th St; Lubbock, TX Property Details

517 40th St, Lubbock, TX is a Single Family that was built in 1935. This property is not for sale. Our records show that 517 40th St has 2 bedrooms, and 1 bathroom, and a total of 736 square feet. The lot size of 517 40th St is 7,500 square feet.

Off market
517 40th St Lubbock, TX 79404
$39,917 Estimated Value
2 Beds
1 Baths
736 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1935
  • Est. Equity / %: $67,000 / 100%
  • Gross Yield: 18.806%
  • APN: R138346
  • Situs County: Lubbock
  • Length Of Ownership: 38 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 736/SqFt
  • Lot: 7,500/SqFt
  • Gross: 736/SqFt
  • Living: 736/SqFt
  • Building: 736/SqFt
  • Ground: 736/SqFt

Legal Description

  • Description: SMITH COLLIER BLK 1 W/2 OF L 5
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: 33.557617 / -101.841606
  • Subdivision: Smith Collier
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 2725

Ownership Info

517 40th St has no associated ownership info
517 40th St has no associated ownership info.

Taxes

517 40th St has 10 associated Taxes items

517 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 $39,917. The APN we've located for 517 40th St is R138346.

Unlock the full report
Taxes
  • Assessed Value:  $39,917
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R138346
  • Assessed Land Value:  18000
  • Market Land Value:  18000
  • Tax Amount:  639.31
  • Tax Year:  2024
  • Market Value:  39917
  • Market Year:  2025

Tax History

517 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,917 Land Value $18,000 Improvement Value $21,917 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $35,206 Land Value $18,000 Improvement Value $17,206 Tax Amount $639.31 Change Rate -0.011595% Assessed CR Tax Rate +0.018159%
Year 2023 Assessed Value $34,797 Land Value $1,000 Improvement Value $33,797 Tax Amount $646.81 Change Rate +0.269425% Assessed CR Tax Rate +0.018588%
Year 2022 Assessed Value $25,170 Land Value $1,000 Improvement Value $24,170 Tax Amount $509.53 Change Rate +0.198217% Assessed CR Tax Rate +0.020244%
Year 2021 Assessed Value $19,993 Land Value $1,000 Improvement Value $18,993 Tax Amount $425.24 Change Rate -0.006866% Assessed CR Tax Rate +0.021269%
Year 2020 Assessed Value $19,993 Land Value $1,000 Improvement Value $18,993 Tax Amount $428.18 Change Rate +0.043222% Assessed CR Tax Rate +0.021416%
Year 2019 Assessed Value $18,876 Land Value $1,000 Improvement Value $17,876 Tax Amount $410.44 Change Rate -0.03141% Assessed CR Tax Rate +0.021744%
Year 2018 Assessed Value $18,876 Land Value $1,000 Improvement Value $17,876 Tax Amount $423.75 Change Rate +0.172102% Assessed CR Tax Rate +0.022449%
Year 2017 Assessed Value $16,083 Land Value $1,000 Improvement Value $15,083 Tax Amount $361.53 Change Rate +1.213088% Assessed CR Tax Rate +0.022479%
Year 2016 Assessed Value $16,083 Land Value $1,000 Improvement Value $15,083 Tax Amount $163.36 Change Rate Assessed CR Tax Rate +0.010157%
Year 2015 Assessed Value $15,977 Land Value $1,000 Improvement Value $14,977 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $15,977 Land Value $1,000 Improvement Value $14,977 Tax Amount $170.01 Change Rate Assessed CR Tax Rate +0.010641%