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$283,995

120 Hwy 114 Estates Road, Lubbock, TX, 79407

$317,803 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.98 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Must-SellMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesFree-Standing Electric Range

Exterior

Exterior FeaturesOther

Building Information

Garage Spaces2

About this property

MOTIVATED SELLER! Welcome to 120 Highway 114 Estates Rd in Lubbock, Texas--an exceptional opportunity to own one full acre paired with space, comfort, and major recent upgrades. This expansive manufactured home offers over 3,200 square feet of living space with a versatile layout featuring multiple bedrooms and bathrooms, generous living areas, and room to accommodate growing households, multigenerational living, or those simply wanting space to spread out. Recent improvements add tremendous value and peace of mind, including a NEW ROOF installed in May 2024, a brand-new HVAC system, and a new well pressure tank, making this home truly move-in ready. Set on open acreage in a desirable area, the property delivers the feel of country living while remaining conveniently close to town. The land provides endless potential--whether for animals, outdoor entertaining, workshops, or future expansion. Offering privacy, space, and affordability all in one, this property is a rare find just outside the city limits and a fantastic opportunity to enjoy West Texas living at its best.

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$317,803
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

Interested in this property?

Michael Norsworthy

eXp Realty LLC

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Financing Details

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

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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120 Hwy 114 Estates Road, Lubbock, TX 79407 | Property Details | No Agent List