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$279,000

NAL Estimated Property Value

10401 Iola Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,650 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.18 / sqft
Year BuiltBuilt in 2016

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

Exterior

Lot Size7,188 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR322953
Lot Number3440
SubdivisionLakewood Estates
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES L 344
Census Tract010421
Assessed Land Value$38,000
Assessed Improvement Value$218,352
Assessment Year2025

About this property

Wonderful Steve Hill Home in Lakewood Estates! Open floor plan with so many options, granite counter tops in the kitchen with island, vaulted ceilings in living room with stone veneer fireplace, separate master bedroom with master bathroom with separate tub and shower, fenced bacyard, corner lot in cul-de-sac and much more. Fantastic location and don't forget Cooper schools!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$180,852Estimated Mortgage Balance
$98,148Estimated Equity
35% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,619
$256,352
2025
$38,000
$218,352
$256,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,619
$256,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$210,614
Yes
First
Apr 19, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,852
$98,148
35%
65%
$1,263/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,263/mo
+$177/mo
6.2%

City: Lubbock

10401 Iola Ave | Property Details | No Agent List