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$399,900

12208 Norfolk Ave, Lubbock, TX, 79423

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.26 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesOther
Lot Size8,272 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR312823
Lot Number430
SubdivisionSolaris Estates
Land UseResidential
Legal DescriptionSOLARIS ESTATES L 43
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$322,601
Assessment Year2025

About this property

Located in the desirable Brooke Heights neighborhood and directly across from the HOA park, this quiet, family-friendly 4 bedroom, 3 bath home offers a great combination of comfort and convenience in the highly regarded Lubbock-Cooper Independent School District. Situated on a spacious corner lot, the home features high ceilings throughout the living, dining, and kitchen areas, creating an open and inviting feel. The large 16' x 16' primary suite includes separate his-and-her closets, while the isolated office is perfect for working from home or school needs. Additional features include a fully insulated garage and outdoor porch shades for added comfort and privacy. The roof was replaced in October 2025 with durable Class 3 impact-resistant shingles. Kitchen sink equipped with a reverse osmosis system.

Investor Tools

$196,004Estimated Mortgage Balance
$230,772Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month

Interested in this property?

Jeremias Torres

Lubbock Discount Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,355
$362,601
2025
$40,000
$322,601
$362,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,355
$362,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid America Mortgage Services Inc
Conventional
$217,980
No
First
Feb 8, 2021
Mar 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,004
$204,996
51%
46%
$1,307/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,307/mo
+$513/mo
5.1%

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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12208 Norfolk Ave | Property Details | No Agent List