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$248,000

NAL Estimated Property Value

122 Frankford Ct, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,232 Sq Ft
price_per_sqft$89.56 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,125 sqft

Building Information

Year Built1998
Roof Type114
Garage Spaces2

Land Information

APNR136074
Lot Number3020
SubdivisionShadow Hills
Land UseResidential
Legal DescriptionSHADOW HILLS L 302A
Census Tract010417
Assessed Land Value$10,000
Assessed Improvement Value$230,128
Assessment Year2025

About this property

Want to live on the Golf COurse?!?!?! Fantastic 3 bedroom 2.5 bathroom two-story home in Frenship ISD. Nice living area with fireplace and soaring ceiling. Kitchen features nice cabinets, plenty of work space and loads of storage. The backyard faces Shadow Hills Golf Course! A beautiful balcony and deck are an entertainers dream! Don't forget about the jacuzzi right off the deck!! Don't delay... schedule your appointment today!!

Investor Tools

Property Icon
$248,000
Estimated Property Value
$155,276Estimated Mortgage Balance
$92,724Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,071
$240,128
2025
$10,000
$230,128
$240,128
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,071
$240,128

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Fha
$174,775
Yes
First
Aug 12, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,276
$92,724
37%
63%
$1,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,048/mo
+$592/mo
7.9%

City: Lubbock

122 Frankford Ct | Property Details | No Agent List