$175,000
NAL Estimated Property Value13203 Avenue S, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Microwave
Exterior
Lot Size5,542 sqft
Building Information
Year Built2023
Roof Type105
Garage Spaces2
Land Information
APNR341010
Lot Number16850
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 1685
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$131,963
Assessment Year2025
About this property
This affordable new construction home in Cooper ISD is sure to meet all of your needs. This charming floor plan features 3 bedrooms, 2 bathrooms, and a 1 car garage. This quality home is complete with granite countertops, master walk-in closet, and a large back yard to enjoy the West Texas evenings. Bell Farms is a beautiful subdivision with 2.5 miles of walking trails, multiple parks and close access to all of south Lubbock amenities. Up to $12k + 5.99% interest rate if we close before 01/03/2024!
Investor Tools
$175,000
Estimated Property Value
$165,583Estimated Mortgage Balance
$9,417Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,054
$171,963
2025
$40,000
$131,963
$171,963
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,054
$171,963
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$172,880
Yes
First
Jan 8, 2024
Feb 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,583
$9,417
5%
95%
$1,037/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,037/mo
+$513/mo
10.6%
