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$394,000

NAL Estimated Property Value

12703 Joliet Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,084 Sq Ft
price_per_sqft$141.31 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,242 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR336522
Lot Number1880
SubdivisionHatton Place
Land UseResidential
Legal DescriptionHATTON PLACE L 188
Census Tract010512
Assessed Land Value$47,073
Assessed Improvement Value$330,656
Assessment Year2025

About this property

VENTURA HOMES New Construction 3/2/2 PLUS Bonus Room & Covered Porch in Hatton Place on Cul-De-Sac! Walk into an Open floor plan with Special Ceilings Throughout! Spacious Living Room offers Vault w/Beam, Fireplace & Built-ins! Kitchen offers Granite, Island, Gas Range, Custom Vent Hood, Stainless Steel Appliances & Walk-in Pantry! Built-in Office Nook right off Isolated Master Suite lets you Escape to your own space! Master Bath w/Double Granite Vanities, Separate Tub and Shower & Large Walk-in Closet! 2nd Full Bath offers Double Granite Vanities. Bedrooms 2 & 3 are good size with Ceiling Fans. Awesome Heated/Cooled Bonus Room perfect for 2nd living area! Additional Features include Spray Foam Insulation, Mud Bench, Vinyl Plank Flooring, Faux Blinds, Sprinklers, Landscaping, designer hardware & Lighting, 1-2-10 Builder's warranty...too much to list! Cooper ISD! Minutes from Shopping & Resturants! Come see what the Ventura Homes difference is all about! ETA End of March 2021!

Investor Tools

Property Icon
$394,000
Estimated Property Value
$0Estimated Mortgage Balance
$394,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,652
$377,729
2025
$47,073
$330,656
$377,729
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,652
$377,729

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$394,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
4.7%

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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