$307,000
NAL Estimated Property Value10405 Grover Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesRange, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
Exterior
Lot Size4,818 sqft
Building Information
Year Built2017
Roof Type105
Garage Spaces2
Land Information
APNR328420
Lot Number1890
SubdivisionLakewood Villas
Land UseResidential
Legal DescriptionLAKEWOOD VILLAS L 189
Census Tract010421
Assessed Land Value$25,000
Assessed Improvement Value$263,528
Assessment Year2025
About this property
Closing Cost assistance by builder on this~Beautiful new construction by Lifestyle Homes. Open concept featuring a nice elevation, trimmed out fireplace, beautiful colors, two toned painted kitchen cabinets, upscale backsplash and a fantastic floorplan. Granite throughout, gorgeous flooring, custom woodwork and even better; most appliances are included. Sprinkler system and Landscaping included. It truly does not get any better than this brand new home!
Investor Tools
$307,000
Estimated Property Value
$193,545Estimated Mortgage Balance
$113,455Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,018
$288,528
2025
$25,000
$263,528
$288,528
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,018
$288,528
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$217,850
No
First
Aug 12, 2020
Aug 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,545
$113,455
36%
63%
$1,307/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,307/mo
+$383/mo
6.6%
