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Owner Contacts

$288,000

NAL Estimated Property Value

10107 Elmwood Ave, Lubbock, TX, 79424

Off Market

3 Beds

2 Bath

2,211 Sq Ft

Single Family Residence

$103.98 / sqft

Built in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave

FlooringCarpet, Hardwood, Tile

Exterior

Lot Size6,265 sqft

Building Information

Year Built2004

Roof Type105

Garage Spaces2

Land Information

APNR303054

Lot Number2830

SubdivisionMeadows South

Land UseResidential

Legal DescriptionMEADOWS SOUTH L 283

Census Tract010509

Assessed Land Value$18,795

Assessed Improvement Value$257,802

Assessment Year2025

About this property

Check out this AWESOME 3 Bed 2 Bath with BASEMENT in Meadows South that has everything you have been looking for! Located on a Cul-De-Sac & with over 2200 Sq ft, from the moment you walk in, you will just fall in love! Beautiful Wood Floors in the Living Room with Fireplace, Built ins, 10' Ceilings & tons of natural light! Updated Kitchen with Granite, Farm Sink, Island, Pantry, Stainless Steel Appliances, Under Cabinet Lighting & Spacious Dining Area with Bay Window! Huge Isolated Master Suite offers Vault Ceiling, Wood Floors, Double Vanities, Jetted Tub w/Separate Shower & Walk Around Closet w/Vanity! Bedrooms 2 & 3 are good size with Wood Floors and Walk-in Closets! Spacious Basement with Storage Closet! Laundry Room offers Sink, Extra Freezer Space & Storage! No Carpet on Main level! Fenced Backyard with Over-sized Covered Patio & Sprinkler System! New Roof coming, Low Utilities, Cooper ISD! Too much to list...just come check it out for yourself before its too late!

Investor Tools

$288,000

Estimated Property Value

$193,705Estimated Mortgage Balance

$94,295Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,728 /month

Positive

Cash Flow Estimate:

$576 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$498/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,541

$276,597

2025

$18,795

$257,802

$276,597

Tax History

Year

Tax Paid

Assessed Value

2024

$4,541

$276,597

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$215,000

First

Mar 1, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$193,705

$94,295

32%

67%

$1,290/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,440/mo

$1,290/mo

+$150/mo

6.0%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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