$279,000
NAL Estimated Property Value10303 Vernon Dr, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet
Exterior
Lot Size6,900 sqft
Building Information
Year Built2016
Roof Type105
Garage Spaces2
Land Information
APNR326128
Lot Number2720
SubdivisionFox Ridge
Land UseResidential
Legal DescriptionFOX RIDGE L 272
Census Tract010511
Assessed Land Value$32,430
Assessed Improvement Value$228,222
Assessment Year2025
About this property
Beautiful New N&B Home in Foxridge, 4/2/2 with open floor plan, oval front door, fireplace in living area, isolated master suite with double sinks in master bath, large master walk in closet. Modern Design interior, Kitchen has large pantry made from knotty alder, that can be built in kitchen or utility, white shaker cabinets, glass black splash, granite counter tops with an almond under mount sink. Sprinkler, sod, and fence. Price includes 3,500 for buyers closing cost. Hurry and call to select colors.
Investor Tools
$279,000
Estimated Property Value
$145,229Estimated Mortgage Balance
$133,771Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,155
$260,652
2025
$32,430
$228,222
$260,652
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,155
$260,652
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Bank
Va
$180,930
Yes
First
Dec 29, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,229
$133,771
47%
52%
$1,085/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,085/mo
+$735/mo
7.8%
