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$365,000

NAL Estimated Property Value

12203 Norwood, Lubbock, TX

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,055 Sq Ft
price_per_sqft$177.62 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave
FlooringCarpet

Exterior

Lot Size7,700 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APNR312735
Lot Number400
SubdivisionSolaris Estates
Land UseResidential
Legal DescriptionSOLARIS ESTATES L 40
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$260,616
Assessment Year2025

About this property

*$5k Buyer credit w contract approved by 3/31** This is a gorgeous well cared for home in Cooper-ISD. Tucked in a cul de sac with a bright and open floor plan, crown molding, carpet, and tile. The living room has a beautiful fireplace and built-in cabinets and open shelving. The kitchen has a gas range ample storage, a pantry and a breakfast bar. The isolated master bedroom has double vanities, a large shower, separate soaking tub. Three additional bedrooms are all carpeted and share a bathroom. Covered patio to enjoy cooler evenings in your backyard. Quick access to great new restaurants and shopping just off Quaker. Scheduled your showing today! Open lots to the north will be commercial buildings and restaurants. HOA has mentioned a wall being built to add privacy to the neighborhood.

Investor Tools

Property Icon
$365,000
Estimated Property Value
$0Estimated Mortgage Balance
$365,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /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
$6,779
$300,616
2025
$40,000
$260,616
$300,616
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,779
$300,616

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$365,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
N/A
+$1,820/mo
6.0%

City: Lubbock

12203 Norwood | Property Details | No Agent List