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$309,000

NAL Estimated Property Value

10310 Iola Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,872 Sq Ft
price_per_sqft$116.99 / sqft
Year BuiltBuilt in 2012

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, Dishwasher, Microwave, Range
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size10,040 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces2

Land Information

APNR319165
Lot Number3240
SubdivisionLakewood Estates
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES L 324
Census Tract010421
Assessed Land Value$29,000
Assessed Improvement Value$237,592
Assessment Year2025

About this property

This beautiful home in the highly desired Cooper school district is everything you've been waiting for! 3 bedrooms, 2 bath plus an office! This home is on a large corner lot on almost 1/4 of an acre offering extra privacy and a spacious backyard and even a separate side yard. The large open kitchen boasts granite counter tops, gas range, breakfast bar, island and tons of cabinet space. This home is great for entertaining with a large living room and gorgeous covered patio. This home is also wired for surround sound! The master suite offers plenty of space with separate vanities, separate tub and shower, walk in closets and more! You will have even more space with an office and separate laundry room complete with additional storage, granite and a sink for extra convenience. This home is more energy efficient with spray foam insulation and double paned windows. The attic has even been decked for additional storage! Don't wait, this home will not last long!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$213,501Estimated Mortgage Balance
$95,499Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,191
$266,592
2025
$29,000
$237,592
$266,592
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,191
$266,592

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Conventional
$231,200
No
First
Apr 28, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,501
$95,499
30%
69%
$1,387/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,387/mo
+$53/mo
5.6%

City: Lubbock

10310 Iola Ave | Property Details | No Agent List