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$487,741

NAL Estimated Property Value

114 N Pontiac Ave, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,112 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.14 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop, Microwave, Trash Compactor
FlooringCarpet, Hardwood, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size42,000 sqft

Building Information

Year Built1990
Roof Type105
Garage Spaces2

Land Information

APNR119113
Lot Number500
SubdivisionTerra Estates North
Land UseResidential
Legal DescriptionTERRA EST NORTH L 50
Census Tract010417
Assessed Land Value$35,000
Assessed Improvement Value$452,741
Assessment Year2025

About this property

So much to write home about on this one! Popular Terra North Development, Two-Story, Brick and Stone, Pool, Shop..this property has it all! Enter the main house with the rustic touches of pine and modern updates. Open-concept Kitchen, Living, and Dining make for great entertaining and use of space. The isolated master shares two-sided fireplace with living. Spacious Secondary Bedrooms upstairs with the ideal Jack'N'Jill bath. Converted Mother-in-law suite downstairs off garage has a family room, bedroom, full bath with separate shower, large closet, private entry and patio access. Relax in the backyard pool-side or under the canopy off the workshop. Full outdoor kitchen. Awesome 2300 sq ft workshop complete with 2-12ft OH doors (front&rear), 220 outlet, 50 amp RV plug, spray-foam, half-bath, and built in bar in the barn (sink,furnaces(2)small portable water heater). Back half of land is left for versatile use, un-fenced, w/storage shed that houses pool equipment. Come take a look today

Investor Tools

Property Icon
$487,741
Estimated Property Value
$423,124Estimated Mortgage Balance
$64,617Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,926 /month
Positive
Cash Flow Estimate:
$975 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,170
$487,741
2025
$35,000
$452,741
$487,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,170
$487,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$385,083
No
First
May 26, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,124
$64,617
13%
87%
$2,959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,959/mo
$-1,039/mo
4.7%

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.

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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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114 N Pontiac Ave | Property Details | No Agent List