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$309,000

1011 N Grover Ave, Lubbock, TX, 79416

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,746 Sq Ft
price_per_sqft$176.98 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Free-Standing Gas Range, Free-Standing Range, Gas Oven, Microwave, Oven, Range, Range Hood, Stainless Steel Appliance(s)
FlooringVinyl

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard
Lot Size5,500 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR339660
Lot Number1460
SubdivisionUptown West
Land UseResidential
Legal DescriptionUPTOWN WEST L 146
Census Tract010417
Assessed Land Value$40,000
Assessed Improvement Value$243,695
Assessment Year2025

About this property

A refreshing take on modern living, this beautifully designed 3-bedroom, 2-bath home blends character, comfort, and style in all the right ways. From the striking painted brick exterior to the designer green cabinetry, every detail was thoughtfully selected to create a home that feels distinctive without sacrificing functionality. Expansive windows fill the open-concept living spaces with natural light, creating a bright and inviting atmosphere throughout. At the heart of the home, the kitchen features quartz countertops, a freestanding range, abundant storage, and a spacious island that effortlessly connects the living and dining areas, making it ideal for everything from everyday routines to weekend gatherings. The generously sized dining space offers plenty of room to host family and friends, while the isolated primary suite provides a peaceful retreat complete with dual vanities and a large walk-in closet. Two additional spacious bedrooms offer flexibility for guests, a home office, or whatever fits your lifestyle. Located in Frenship ISD and just minutes from shopping, dining, and entertainment, this home delivers the convenience you need with the personality you've been searching for. Schedule your private tour and see why this home is proof that a green flag isn't just a trend, it's an address.

Investor Tools

$279,082Estimated Mortgage Balance
$10,376Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,046
$283,695
2025
$40,000
$243,695
$283,695
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,046
$283,695

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$290,903
No
First
Feb 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,082
$8,918
3%
97%
$1,745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,745/mo
$-105/mo
6.8%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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