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$413,000

NAL Estimated Property Value

12705 Joliet Ave, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.99 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Range, Built-In Refrigerator, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,216 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR336523
Lot Number1890
SubdivisionHatton Place
Land UseResidential
Legal DescriptionHATTON PLACE L 189
Census Tract010512
Assessed Land Value$46,904
Assessed Improvement Value$310,430
Assessment Year2025

About this property

Be in this VENTURA HOMES 4/2/2 plus Bonus Room & Covered Patio in Hatton Place by Spring 2021! Spacious Living Room w/Vault Ceiling, Vinyl Plank, Fireplace & Awesome Windows! Kitchen offers Granite, Spacious Island, Pantry, Decorative Vent hood, Gas Range & Designer Lighting! Office Nook off Isolated Master Suite w/Special Ceiling, Tiled Shower, Soaking Tub, Double Vanities, Storage & Walk-in Closet! Bedrooms 2 & 3 are good size w/Special Ceilings. 2nd Full Bath offers Double Granite Vanities & Tiled Shower/Tub Combo! Heated & Cooled Bonus Room is the perfect space for 2nd living, office or playroom! Fenced Backyard with Covered Patio! Other features included are Spray Foam Insulation, Mud Bench, Faux Blinds, Landscaping, Sprinklers, Floor Plugs, Walking distance to Laura Bush Middle School. Too much to list...Come see what the Ventura Homes Difference is all about!

Investor Tools

Property Icon
$413,000
Estimated Property Value
$282,197Estimated Mortgage Balance
$130,803Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,478 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,143
$357,334
2025
$46,904
$310,430
$357,334
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,143
$357,334

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$312,000
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,197
$130,803
31%
68%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,871/mo
$-51/mo
5.3%

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.

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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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12705 Joliet Ave | Property Details | No Agent List