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$291,000

NAL Estimated Property Value

10111 Homestead Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,972 Sq Ft
price_per_sqft$151.12 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop, Microwave, Water Purifier, Water Purifier Owned
FlooringCarpet

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,245 sqft

Building Information

Year Built2004
Roof Type105
Garage Spaces2

Land Information

APNR173907
Lot Number1260
SubdivisionLakewood Estates
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES L 126
Census Tract010421
Assessed Land Value$22,000
Assessed Improvement Value$235,861
Assessment Year2025

About this property

IMMACULATE HOME! Inside and out! Beautiful mature lawn & landscaping. Retractable sun screens on windows on west side of house. Kitchen island with cabinets below. Airflow tub and separate walk-in shower in master. Makeup vanity. 3 bedroom with 2 bathrooms. 1972 SF. Separate dining. Direct vent insert in fireplace. Concrete footings under fence. Spacious covered patio in the backyard.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$86,363Estimated Mortgage Balance
$204,637Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,362
$257,861
2025
$22,000
$235,861
$257,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,362
$257,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$140,800
No
First
May 28, 2010
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,363
$204,637
70%
30%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
5.9%

City: Lubbock

10111 Homestead Ave | Property Details | No Agent List