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$187,000

NAL Estimated Property Value

1023 Homestead Dr, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,449 Sq Ft
price_per_sqft$93.86 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,747 sqft

Building Information

Year Built2000
Roof Type105
Garage Spaces2

Land Information

APNR35253
Lot Number620
SubdivisionRevier Farm
Land UseResidential
Legal DescriptionREVIER FARM L 62
Census Tract000408
Assessed Land Value$14,843
Assessed Improvement Value$149,323
Assessment Year2025

About this property

The Best Gem in Revier Farm. Sharp 3/2/2! Corner Lot and Cul-de-sac with lots of space! Built By Creative Homes.This Open Concept is Move-In Ready, High Cathedral and Special Ceilings, Open Living Area with Neutral Colors.Upgraded Dual Fuel Hvac System and 50 Gal Water Heater. Great Backyard With Sprinkler System. Frenship ISD. Near Tech, LCU, and Wayland. See It TODAY!!

Investor Tools

Property Icon
$187,000
Estimated Property Value
$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,389
$164,166
2025
$14,843
$149,323
$164,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,389
$164,166

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
10.5%

City: Lubbock

1023 Homestead Dr | Property Details | No Agent List