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Days1812Days on Market
Views1view

$309,900

1012 N Grover Ave, Lubbock, TX, 79416

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,890 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.97 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,858 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR336412
Lot Number870
SubdivisionUptown West
Land UseResidential
Legal DescriptionUPTOWN WEST L 87
Census Tract010417
Assessed Land Value$40,000
Assessed Improvement Value$259,049
Assessment Year2025

About this property

This 2021-built Uptown West home has had exactly one owner, and it shows. Move-in ready from the curb to the closet, with 3 bedrooms, 2 bathrooms, and 1,890 sq ft of open-concept living, kitchen, and dining, centered around a wood-burning fireplace with a brick surround and wood mantel. The kitchen delivers with granite countertops, stainless steel appliances, a working island, and pendant lighting overhead. Retreat to the primary suite for a soaking tub, walk-in shower, and generous walk-in closet. Central heat and air and an automatic sprinkler system keep it effortless. Outside, a cedar-accented entry and stone-textured brick set the tone, capped by a signature three-glass panel garage door. Covered patio and privacy-fenced yard round out the outdoor space. Zoned to Frenship ISD: Legacy, Terra Vista, Frenship High. South Plains Electric Cooperative service. Minutes to Texas Tech, Lubbock Christian, the medical district, and Loop 289 shopping and dining.

Investor Tools

$236,709Estimated Mortgage Balance
$63,248Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Jason Ratliff

Williams & Company Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,218
$299,049
2025
$40,000
$259,049
$299,049
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,218
$299,049

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$260,200
Yes
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,709
$62,340
20%
79%
$1,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,561/mo
+$79/mo
6.6%

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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1012 N Grover Ave | Property Details | No Agent List