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$278,000

NAL Estimated Property Value

10503 Gary Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,916 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.6 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Lot Size7,150 sqft

Building Information

Year Built2001
Roof Type105
Garage Spaces2

Land Information

APNR162270
Lot Number2060
SubdivisionStonebrook
Land UseResidential
Legal DescriptionSTONEBROOK L 206
Census Tract010511
Assessed Land Value$23,500
Assessed Improvement Value$240,938
Assessment Year2025

About this property

Absolutely, Awesome kitchen that is open to living area and office. Gorgeous stained cabinets, granite, eating/serving bar, cathedral ceiling, skylights and a window seat make this kitchen the star. Living room boasts a beautiful fireplace wall with built in shelving on two walls. Enjoy an office nook with built in desk and window. Formal dining plus eating area. Master closet is a wrap around and so fabulous with built ins. Classic Steve Hill quality and style!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$141,060Estimated Mortgage Balance
$136,940Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,162
$264,438
2025
$23,500
$240,938
$264,438
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,162
$264,438

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Platinum Bank
Fha
$183,612
Yes
First
Aug 27, 2015
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,060
$136,940
49%
51%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
6.7%

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.

Explore Texas Explore This Area
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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10503 Gary Ave | Property Details | No Agent List