$273,000
NAL Estimated Property Value10108 Homestead Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet
Exterior
Lot Size7,459 sqft
Building Information
Year Built2003
Roof Type105
Garage Spaces481
Land Information
APNR173904
Lot Number1230
SubdivisionLakewood Estates
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES L 123
Census Tract010421
Assessed Land Value$22,000
Assessed Improvement Value$209,971
Assessment Year2025
About this property
Beautiful home with high ceilings and a large open kitchen. A quiet isolated Master Suite with separate shower and tub. Cooper Schools, quiet neighborhood and wood floors. Simply beautiful.
Investor Tools
$273,000
Estimated Property Value
$191,960Estimated Mortgage Balance
$81,040Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,949
$231,971
2025
$22,000
$209,971
$231,971
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,949
$231,971
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$196,000
No
First
Mar 19, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,960
$81,040
29%
70%
$1,176/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,176/mo
+$264/mo
6.3%
