$259,318
NAL Estimated Property Value11201 Dover Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Dishwasher, Free-Standing Electric Range, Microwave
Exterior
Exterior FeaturesOutdoor Kitchen
Lot Size5,688 sqft
Building Information
Year Built2014
Roof Type105
Garage Spaces2
Land Information
APNR324334
Lot Number4740
SubdivisionSpringfield
Land UseResidential
Legal DescriptionSPRINGFIELD L 474
Census Tract010509
Assessed Land Value$22,000
Assessed Improvement Value$237,318
Assessment Year2025
About this property
This precious home is in Lubbock Cooper ISD and in South Plains Electric Co-op. Relax and watch the games in this cozy screened in patio. The kitchen boasts new Samsung oven and dishwasher. Other updates include light fixtures, ceiling fans and disposal. The fireplace screen and tools, and herb garden box convey with the sale.It is move in ready!
Investor Tools
$259,318
Estimated Property Value
$250,026Estimated Mortgage Balance
$9,292Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,558 /month
Positive
Cash Flow Estimate:
$519 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,682
$259,318
2025
$22,000
$237,318
$259,318
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,682
$259,318
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Fha
$254,897
Yes
First
Apr 7, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,026
$9,292
3%
96%
$1,529/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,529/mo
$-89/mo
6.7%
