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$266,000

10403 Gardner Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.11 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size5,396 sqft

Building Information

Year Built2018
Roof Type105
Garage Spaces2

Land Information

APNR328405
Lot Number1740
SubdivisionLakewood Villas
Land UseResidential
Legal DescriptionLAKEWOOD VILLAS L 174
Census Tract010421
Assessed Land Value$25,000
Assessed Improvement Value$230,947
Assessment Year2025

About this property

Looking for a new construction garden home in a great neighborhood for under $200,000? Look no further, this is it! This garden home nestled in a culdesac features 3 bedrooms/2 baths. Upkeep is a breeze with low maintenance vinyl plank flooring and an automatic sprinkler system. The cozy fireplace, and open concept provides plenty of space for friends and family to visit without cramping your style. Kitchen features granite counter-tops, upgraded lighting, new appliances and an island that is cream of the crop! Comes with a 10 year Structure warranty,2 year mechanical warranty and one year builder warranty.

Investor Tools

Property Icon
$266,000
Estimated Property Value
$190,000Estimated Mortgage Balance
$98,235Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,639
$255,947
2025
$25,000
$230,947
$255,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,639
$255,947

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Va
$190,000
Yes
First
May 12, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,765
$98,235
36%
63%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,140/mo
+$300/mo
6.5%

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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10403 Gardner Ave | Property Details | No Agent List