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Days70Days on Market
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$219,500

109 Mike Street, Levelland, TX, 79336

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,863 Sq Ft
price_per_sqft$117.82 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave, Oven
FlooringCarpet, Luxury Vinyl

Exterior

Exterior FeaturesStorage, Other
Lot Size13,068 sqft

Building Information

Garage Spaces2

Land Information

APN11337
Lot Number7
Land UseResidential
Legal DescriptionKAUFFMAN (LEV), BLOCK 3, LOT 7
Census Tract950300
Assessed Land Value$8,640
Assessed Improvement Value$246,700
Assessment Year2025

About this property

3-bedroom, 2-bath home with a 2-car garage on a corner lot across from the park in a great neighborhood. This home features an open layout, large dining area, spacious bedrooms, and a large kitchen with abundant cabinetry, perfect for everyday living and entertaining. Recent updates include a brand new roof and brand new fence. The huge fenced backyard offers plenty of space to relax or host gatherings, complete with a covered patio and a storage building for added convenience. Don't miss out on this move-in ready home with space, updates, and a prime location!

Investor Tools

$190,275Estimated Mortgage Balance
$65,065Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,532 /month
Positive
Cash Flow Estimate:
$511 /month

Interested in this property?

Kristal Saenz

Exit Realty of Lubbock

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,250
$255,340
2025
$8,640
$246,700
$255,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,250
$255,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flat Branch Home Loans Inc
Conventional
$198,989
No
First
Dec 15, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,275
$65,065
25%
75%
$1,194/mo

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: Levelland

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109 Mike Street | Property Details | No Agent List