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$2,300,000

11002 Richmond Avenue, Lubbock, TX, 79424

On MarketInfo
Beds5 Beds
Baths7 Bath
Baths6,391 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$359.88 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Stainless Steel Appliance(s), Warming Drawer, Wine Refrigerator, Water Softener, Water Softener Owned, Gas Water Heater, Instant Hot Water, Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Rain Gutters
Lot Size37,562 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces3

Land Information

APNR174234
Lot Number130
SubdivisionFalls At Suncrest
Land UseResidential
Legal DescriptionFALLS AT SUNCREST L 13
Census Tract010509
Assessed Land Value$93,500
Assessed Improvement Value$2,154,865
Assessment Year2025

About this property

Escape to the perfect blend of luxury and everyday living in this stunning home in the Falls. This European style residence welcomes you through gorgeous wrought iron entry doors and boasts 5 bedrooms, 3 full baths, a jack-n-Jill bath and 3 half baths. The gourmet kitchen is designed for both style and function with rich cabinetry, oversized island for large scale entertaining, 6-burner Viking gas range with griddle, high-end paneled appliances like the fridge and freezer, ice maker, dishwasher, warming drawers and trash compactor. Multiple living spaces offer high-end finishes, soaring ceilings and gas fireplaces to make you feel right at home. The formal dining provides the perfect setting for hosting large family dinners, while the smaller dining nook is perfect for your everyday meals. The study is located just off the entry and offers a beautiful coffered ceiling and another cozy fireplace to snuggle up to with a book or to get some work completed. The main floor primary suite is a true sanctuary offering serene backyard views and direct pool access with a spa inspired en-suite bathroom boasting a soaking tub, walk-in shower with dual head and rainfall shower system, double vanities and a massive walk-in closet. Step outside to a private oasis complete with a vast backyard showcasing a sparkling heated salt water pool with waterfall and bubbler features, a connected raised heated spa, an expansive patio made for entertaining, a double-sided fireplace, an outdoor dining area, an outdoor grilling station and a half bath. No need for a vacation when you have this resort-style living at your disposal. Additional highlights include a basement set up as a theater room with a kitchenette, wine room with a built in wine refrigerator, a sensational sweeping staircase, two bookcases open to attic space for easy access to the 3 water heaters and 3 HVAC units, 3 car garage with a portico for additional covered parking, a water softener, surround sound system inside the house and on the patio, a security system, well for sprinkler, new roof and fence stained in 2026. This home truly offers master craftsmanship at every turn. This is more than a home, it is a lifestyle of luxury.

Investor Tools

$0Estimated Mortgage Balance
$2,248,365Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,800 /month
Positive
Cash Flow Estimate:
$4,600 /month

Interested in this property?

Carrie Broadus

McDougal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,092/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,860
$2,248,365
2025
$93,500
$2,154,865
$2,248,365
No

Tax History

Year
Tax Paid
Assessed Value
2025
$25,860
$2,248,365

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,248,365
100%
0%
$0/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: Lubbock

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11002 Richmond Avenue | Property Details | No Agent List