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$285,000

10923 Norwich Ave, Lubbock, TX, 79424

$370,500 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,286 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.62 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size7,382 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR342990
Lot Number90
SubdivisionOne Ford
Land UseResidential
Legal DescriptionONE FORD L 9
Census Tract010421
Assessed Land Value$47,983
Assessed Improvement Value$236,485
Assessment Year2025

About this property

Nestled in a peaceful, low-traffic neighborhood, this charming home offers a serene retreat with minimal maintenance. Featuring a Craftsman style exterior and a modern interior, it's perfect for those seeking comfort and ease. The living room features a beautiful floor-to-ceiling tiled fireplace and is open to the dining area and kitchen. Enjoy evenings outdoors on your front porch overlooking the community park or on the large back patio. Landscaping in the front features trees and rose bushes, while the backyard has artificial turf. Spend more time enjoying your space and less on upkeep! Located in Frenship ISD in a quickly developing area of southwest Lubbock.

Investor Tools

Property Icon
$284,468
Estimated Property Value
$260,000Estimated Mortgage Balance
$31,207Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$370,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Denae Hutson

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,765
$284,468
2025
$47,983
$236,485
$284,468
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,765
$284,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Commercial
$260,000
No
First
Oct 27, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,261
$31,207
10%
89%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,030/mo
$1,840/mo
$-810/mo
4.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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10923 Norwich Ave | Property Details | No Agent List