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$331,808

NAL Estimated Property Value

12007 Essex Avenue, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,926 Sq Ft
DuplexDuplex
price_per_sqft$104.24 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size8,870 sqft

Building Information

Year Built2019
Roof Type105
Garage Spaces648

Land Information

APNR333244
Lot Number1150
SubdivisionStonewood Estates
Land UseResidential
Legal DescriptionSTONEWOOD ESTATES L 115
Census Tract010421
Assessed Land Value$55,438
Assessed Improvement Value$276,370
Assessment Year2025

About this property

Merry Christmas investors! These new construction duplexes located in Cooper ISD built by Kim Craig Construction are ready for you! This unit will be completed in December - each side is a 3/2/1. Duplexes located at 12002, 12004, 12005, 12006, & 12008 Essex are also under construction and available!

Investor Tools

Property Icon
$331,808
Estimated Property Value
$256,748Estimated Mortgage Balance
$75,060Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,991 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,482
$331,808
2025
$55,438
$276,370
$331,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,482
$331,808

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$292,602
Yes
First
Feb 21, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,748
$75,060
22%
77%
$1,755/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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12007 Essex Avenue | Property Details | No Agent List