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5501 Richmond Ave; Lubbock, TX Property Details

5501 Richmond Ave, Lubbock, TX is a Single Family that was built in 1971. This property is currently Financed and is not for sale. Our records show that 5501 Richmond Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,145 square feet. The lot size of 5501 Richmond Ave is 8,816 square feet.

Off market
5501 Richmond Ave Lubbock, TX 79414
$216,142 Estimated Value
3 Beds
2 Baths
2,145 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1971
  • Purchase Price: $101,300
  • Est. Equity / %: $232,000 / 100%
  • Gross Yield: 10.283%
  • APN: R57000
  • Situs County: Lubbock
  • Length Of Ownership: 15 years, 3 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: 2,145/SqFt
  • Lot: 8,816/SqFt
  • Gross: 2,628/SqFt
  • Garage: 483/SqFt
  • Living: 2,145/SqFt
  • Building: 2,628/SqFt
  • Ground: 1,881/SqFt
  • Garage Unfinished: 483/SqFt
  • Price Per Square Foot: $47.23

Legal Description

  • Description: SOUTHWEST ACS BLK 3A N76OF 4& SE/PT OF 4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Lubbock Independent School District
  • Lat / Lon: 33.544064 / -101.90804
  • Subdivision: Southwest Acres
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 4026
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

5501 Richmond Ave has no associated ownership info
5501 Richmond Ave has no associated ownership info.

Taxes

5501 Richmond Ave has 10 associated Taxes items

5501 Richmond 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 $216,142. The APN we've located for 5501 Richmond Ave is R57000.

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Taxes
  • Assessed Value:  $216,142
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R57000
  • Assessed Land Value:  26000
  • Market Land Value:  26000
  • Tax Amount:  3987.1
  • Tax Year:  2024
  • Market Value:  216142
  • Market Year:  2025

Tax History

5501 Richmond Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $216,142 Land Value $26,000 Improvement Value $190,142 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $219,566 Land Value $24,320 Improvement Value $195,246 Tax Amount $3,987.1 Change Rate -0.023098% Assessed CR Tax Rate +0.018159%
Year 2023 Assessed Value $219,566 Land Value $24,320 Improvement Value $195,246 Tax Amount $4,081.37 Change Rate +0.999231% Assessed CR Tax Rate +0.018588%
Year 2022 Assessed Value $203,732 Land Value $24,320 Improvement Value $183,761 Tax Amount $2,041.47 Change Rate +0.009534% Assessed CR Tax Rate +0.01002%
Year 2021 Assessed Value $185,211 Land Value $24,320 Improvement Value $160,891 Tax Amount $2,022.19 Change Rate +0.008684% Assessed CR Tax Rate +0.010918%
Year 2020 Assessed Value $168,568 Land Value $24,320 Improvement Value $144,248 Tax Amount $2,004.78 Change Rate -0.002344% Assessed CR Tax Rate +0.011893%
Year 2019 Assessed Value $168,945 Land Value $24,320 Improvement Value $144,625 Tax Amount $2,009.49 Change Rate +0.00696% Assessed CR Tax Rate +0.011894%
Year 2018 Assessed Value $153,586 Land Value $24,320 Improvement Value $129,266 Tax Amount $1,995.6 Change Rate +0.006253% Assessed CR Tax Rate +0.012993%
Year 2017 Assessed Value $139,624 Land Value $24,320 Improvement Value $115,304 Tax Amount $1,983.2 Change Rate +0.005904% Assessed CR Tax Rate +0.014204%
Year 2016 Assessed Value $126,931 Land Value $24,320 Improvement Value $102,611 Tax Amount $1,971.56 Change Rate Assessed CR Tax Rate +0.015533%
Year 2015 Assessed Value $115,392 Land Value $9,880 Improvement Value $105,512 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $115,392 Land Value $9,880 Improvement Value $105,512 Tax Amount $2,023.39 Change Rate Assessed CR Tax Rate +0.017535%