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7405 Salem Ave; Lubbock, TX Property Details

7405 Salem Ave, Lubbock, TX is a Single Family that was built in 1973. This property is currently Financed,Intra-Family and is not for sale. Our records show that 7405 Salem Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,968 square feet. The lot size of 7405 Salem Ave is 8,890 square feet.

Off market
7405 Salem Ave Lubbock, TX 79424
$244,598 Estimated Value
3 Beds
2 Baths
1,968 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $255,000
  • Open Loans / Balance: 1 / $198,420
  • Est. Equity / %: $52,580 / 20.95%
  • Gross Yield: 9.5%
  • APN: R63941
  • Situs County: Lubbock
  • Length Of Ownership: 11 years, 4 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: Hip
  • Roof Cover Type: Wood Shake/ Shingles

Measurements

  • Total: 1,968/SqFt
  • Lot: 8,890/SqFt
  • Gross: 2,451/SqFt
  • Garage: 483/SqFt
  • Living: 1,968/SqFt
  • Building: 2,451/SqFt
  • Ground: 1,968/SqFt
  • Garage Unfinished: 483/SqFt
  • Price Per Square Foot: $129.57

Legal Description

  • Description: QUAKER HEIGHTS L 171
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: 33.52643 / -101.91016
  • Subdivision: Quaker Heights
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 2211
  • Fireplaces: 1
  • Garage: Attached Garage

HOA

  • H O A One: $150
  • H O A Amount: $150
  • H O A One Frequency: Annual
  • H O A One Name: Quaker Heights Homeowners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Not Given
  • H O A Two Type: Home Owner Association

Ownership Info

7405 Salem Ave has no associated ownership info
7405 Salem Ave has no associated ownership info.

Taxes

7405 Salem Ave has 10 associated Taxes items

7405 Salem 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 $244,598. The APN we've located for 7405 Salem Ave is R63941.

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Taxes
  • Assessed Value:  $244,598
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R63941
  • Assessed Land Value:  19600
  • Market Land Value:  19600
  • Tax Amount:  883.15
  • Tax Year:  2024
  • Market Value:  244598
  • Market Year:  2025

Tax History

7405 Salem Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $244,598 Land Value $19,600 Improvement Value $224,998 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $248,478 Land Value $19,600 Improvement Value $228,878 Tax Amount $883.15 Change Rate +0.01473% Assessed CR Tax Rate +0.003554%
Year 2023 Assessed Value $226,623 Land Value $19,600 Improvement Value $224,998 Tax Amount $870.33 Change Rate -0.415046% Assessed CR Tax Rate +0.00384%
Year 2022 Assessed Value $206,021 Land Value $19,600 Improvement Value $192,671 Tax Amount $1,487.86 Change Rate +0.013273% Assessed CR Tax Rate +0.007222%
Year 2021 Assessed Value $187,292 Land Value $19,600 Improvement Value $169,779 Tax Amount $1,468.37 Change Rate +0.012285% Assessed CR Tax Rate +0.00784%
Year 2020 Assessed Value $170,265 Land Value $19,600 Improvement Value $150,665 Tax Amount $1,450.55 Change Rate +0.000469% Assessed CR Tax Rate +0.008519%
Year 2019 Assessed Value $165,767 Land Value $19,600 Improvement Value $146,167 Tax Amount $1,449.87 Change Rate +0.001105% Assessed CR Tax Rate +0.008746%
Year 2018 Assessed Value $161,270 Land Value $19,600 Improvement Value $141,670 Tax Amount $1,448.27 Change Rate +0.000788% Assessed CR Tax Rate +0.00898%
Year 2017 Assessed Value $156,772 Land Value $19,600 Improvement Value $137,172 Tax Amount $1,447.13 Change Rate +0.005608% Assessed CR Tax Rate +0.009231%
Year 2016 Assessed Value $146,653 Land Value $19,600 Improvement Value $127,053 Tax Amount $1,439.06 Change Rate Assessed CR Tax Rate +0.009813%
Year 2015 Assessed Value $140,252 Land Value $10,500 Improvement Value $129,752 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $136,721 Land Value $10,500 Improvement Value $126,221 Tax Amount Change Rate Assessed CR Tax Rate