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$222,000

NAL Estimated Property Value

1305 Ross Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,350 Sq Ft
price_per_sqft$158.36 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet

Exterior

Lot Size5,566 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR350336
Land UseSingle Family Residential
Legal DescriptionBURGAMY PARK L 343
Census Tract000406
Assessed Land Value$35,000
Assessed Improvement Value$174,728
Assessment Year2025

About this property

Offering $10,000 in flex cash to welcome you home! This 1,300 square foot Dutch Traditional affordable new home welcomes you with captivating features like a brick and stone design with cedar accents, dutch gables, and columns framing a quaint front porch. This 3 bedroom, 2 bathroom open concept new home is perfect for hosting friends or cooking for the family featuring a dining nook, large kitchen peninsula, and a pantry. This quality new home is complete with a two-car garage, a master walk-in closet to fit his and her wardrobes, and a backyard with a covered patio for serene West Texas evenings. *Painted brick for is an optional add on*

Investor Tools

Property Icon
$222,000
Estimated Property Value
$0Estimated Mortgage Balance
$222,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,102
$209,728
2025
$35,000
$174,728
$209,728
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,102
$209,728

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
8.9%

City: Lubbock

1305 Ross Ave | Property Details | No Agent List