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$302,000

NAL Estimated Property Value

10701 Detroit Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,813 Sq Ft
price_per_sqft$113.72 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size7,112 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APNR304828
Lot Number950
SubdivisionStonebrook South
Land UseResidential
Legal DescriptionSTONEBROOK SOUTH L 95
Census Tract010511
Assessed Land Value$24,200
Assessed Improvement Value$214,818
Assessment Year2025

About this property

Spacious & Updated 3 Bedroom, 2.5 Bathroom Home with Office, Two Living Areas and Basement! Tucked Away in a Quiet Neighborhood and Within Walking Distance to Lubbock-Cooper North Elementary. The Front Living Room is Generously Sized, Filled with Natural Light from Large Windows w/ Shutters. The Kitchen is Perfect for Entertaining, Featuring Stainless Steel Appliances, TWO Islands, Stylish Countertops, and TWO Pantries for Extra Storage. Brand New Tile Backsplash adds a Fresh, Modern Touch! The Kitchen Flows into Second Living Area, Which Can Also Serve as a Spacious Dining Area, Complete with a Woodburning Fireplace. The Isolated Primary Bedroom Offers a Private Retreat, Featuring an Ensuite Bathroom with Double Vanity, TWO Closets, and Soaker Tub. Additional Bedrooms Share a Jack-and-Jill Style Shower, Each Having a Private Sink Area. The Home Office is Secluded, Complete with a Large Closet, Could be a 4th Bedroom. A Standout Feature is the Large Basement, Perfect for a Home Theater or Hobby Room with a Wall of Storage. Backyard Completes the Picture with Fruit Producing Trees. This Home Truly has it all-Space, Style, and Functionality. Schedule your showing Today!!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$236,490Estimated Mortgage Balance
$65,510Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,705
$239,018
2025
$24,200
$214,818
$239,018
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,705
$239,018

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$240,000
No
First
Jul 10, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,490
$65,510
21%
78%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,439/mo
+$381/mo
7.2%

City: Lubbock

10701 Detroit Ave | Property Details | No Agent List