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$196,000

NAL Estimated Property Value

1023 Huron Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.31 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Range
FlooringCarpet, Vinyl

Exterior

Lot Size7,004 sqft

Building Information

Year Built1994
Roof Type114
Garage Spaces2

Land Information

APNR34336
Lot Number310
SubdivisionRevier Farm
Land UseResidential
Legal DescriptionREVIER FARM L 31
Census Tract000408
Assessed Land Value$15,409
Assessed Improvement Value$164,591
Assessment Year2025

About this property

Nestled in the highly desired Frenship school district, this charming 3-bedroom, 2-bathroom home offers the perfect blend of comfort and convenience. Situated on a tranquil cul-de-sac street, this property boasts a spacious open floor plan with abundant natural light, ideal for both family living and entertaining. The modern kitchen features sleek countertops and ample cabinet space, while the cozy living room provides a welcoming atmosphere with its warm fireplace. Additional highlights include a 2-car garage, a beautifully landscaped yard, and close proximity to top-rated schools, parks, and shopping. This home is a great find in a prime location! Seller is offering a $3,000 buyers incentive.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$187,951Estimated Mortgage Balance
$8,049Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,888
$180,000
2025
$15,409
$164,591
$180,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,888
$180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$186,558
Yes
First
Aug 14, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,951
$8,049
4%
96%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,164/mo
+$476/mo
10.0%

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.

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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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1023 Huron Ave | Property Details | No Agent List