$304,574
NAL Estimated Property Value10503 Elkridge Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Double Oven, Dishwasher, Microwave
FlooringCarpet
Exterior
Lot Size7,062 sqft
Building Information
Year Built2003
Roof Type105
Garage Spaces2
Land Information
APNR173043
Lot Number2360
SubdivisionStonebrook
Land UseResidential
Legal DescriptionSTONEBROOK L 236
Census Tract010511
Assessed Land Value$23,500
Assessed Improvement Value$281,074
Assessment Year2025
About this property
This 4 Bedroom 2.5 bath home has amazing details throughout like, high ceilings arches,faux finishes,columns and plant ledges. Great kitchen with accent cabinets,double ovens,microwave, tumbled marble back-splash, formal dining, office/flex-room, isolated master with separate airflow tub and shower and sprinkler system.
Investor Tools
$304,574
Estimated Property Value
$194,927Estimated Mortgage Balance
$109,647Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,827 /month
Positive
Cash Flow Estimate:
$609 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,134
$304,574
2025
$23,500
$281,074
$304,574
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,134
$304,574
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$212,260
No
First
Jan 14, 2022
Feb 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,927
$109,647
36%
64%
$1,273/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,273/mo
+$547/mo
7.2%
