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$383,000

NAL Estimated Property Value

10903 Richmond Ave, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,811 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.4 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringVinyl

Exterior

Lot Size6,900 sqft

Building Information

Year Built2002
Roof Type105
Garage Spaces2

Land Information

APNR162048
Lot Number910
SubdivisionSuncrest
Land UseResidential
Legal DescriptionSUNCREST L 91
Census Tract010509
Assessed Land Value$26,000
Assessed Improvement Value$321,763
Assessment Year2025

About this property

Beautiful, open-concept home located in the Lubbock-Cooper school district in a prime location featuring four bedrooms, two bathrooms and a basement with over 2800 square feet of space. Recent updates include a completely remodeled master bathroom, vinyl plank flooring in the kitchen and living area, new carpet in two bedrooms, new backsplash in the kitchen, and a redesigned fireplace. The basement is set up as the perfect media room with a projector and screen, but could be used as a bedroom, playroom or man cave. Contact the TX Real Estate Group to schedule a private tour!

Investor Tools

Property Icon
$383,000
Estimated Property Value
$368,793Estimated Mortgage Balance
$14,207Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,089
$347,763
2025
$26,000
$321,763
$347,763
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,089
$347,763

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Fha
$379,499
Yes
First
Oct 25, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,793
$14,207
3%
96%
$2,276/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,276/mo
$-586/mo
5.3%

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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10903 Richmond Ave | Property Details | No Agent List