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$278,000

NAL Estimated Property Value

12002 Trafalgar Ave Ste 201, Lubbock, TX, 79424

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,930 Sq Ft
OfficeOffice
price_per_sqft$142.49 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1,531 sqft

Building Information

Year Built2009

Land Information

APNR316868
Lot Number1334
SubdivisionVintage Township
Land UseResidential
Legal DescriptionVINTAGE TOWNSHIP L 133 UNIT 201 MARKET HALL CONDOS & 17% INT IN COMMON AREA
Census Tract010512
Assessed Land Value$15,310
Assessed Improvement Value$236,690
Assessment Year2025

About this property

Beautiful office space in Southwest Lubbock tucked inside the Vintage Township neighborhood near HEB, Starbucks, Chick Fil A, and more! Featuring seven private offices, a reception and waiting area, meeting room, kitchenette, three public office spaces, ample storage, and with access to public water fountains and women's and men's restrooms, you won't find a more beautiful space at such an unbelievable price. The office features updated vinyl plank flooring, a clean color palette with pops of color, and walls of built-in cabinetry. The office is located on the front side the second floor with balcony views of Town Hall and the surrounding subdivision. It has private parking and offers access to the neighborhood pool. You won't want to let this incredible, affordable opportunity slip through your fingers!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$200,277Estimated Mortgage Balance
$77,723Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,228
$252,000
2025
$15,310
$236,690
$252,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,228
$252,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstcapital Bank Of Texas Na
Open End Mortgage / Open End With Future Advance Clause
$221,000
No
First
Jun 4, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,277
$77,723
27%
72%
$1,326/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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12002 Trafalgar Ave Ste 201 | Property Details | No Agent List