4801 Ave QLubbock, TX 79412

Property Details for 4801 Ave Q

Year built

1963

Lot size

1.85 AC

Property size (Sq ft)

20,696 SF

Zone code

38

Property type

Hospitality properties

Property subtype

Motels

APN

R39988

APU

R39988

• CAP approach

  CAP return

  Valuation

  6%

  $3,487,503

  6.5%

  $3,219,234

  7%

  $2,989,288

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,339,084

  Geo Method

  $5,851,836

• Alternative Use

  Use

  Valuation

  Residential

  $3,514,468

  Hospitality

  $3,219,234

  Educational

  $2,678,364

  Medical

  $2,770,478

  Retail

  $4,166,344

Location Insight

City

Lubbock

County

Lubbock

State

Texas

Latitude

33.5501

Longitude

-101.855

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $1,038,910
• Assessed land value
  $161,090
• Assessed value
  $1,200,000
• Tax year
  2023
• Tax bill
  $34,720

FAQs

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