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$194,000

NAL Estimated Property Value

13208 Avenue S, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,011 Sq Ft
price_per_sqft$168.32 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave

Exterior

Lot Size5,400 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR341015
Lot Number16900
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 1690
Census Tract010512
Assessed Land Value$21,600
Assessed Improvement Value$121,719
Assessment Year2024

About this property

This 1,000 square foot cottage-style home offers first-time buyers the opportunity to invest in a new home for less than the cost of rent and build personal equity. This affordable home in Cooper ISD has a charming floor plan that features 2 bedrooms, 2 bathrooms, and a 1 car garage. This quality new 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

Property Icon
$194,000
Estimated Property Value
$0Estimated Mortgage Balance
$194,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$455
$143,319
2024
$21,600
$121,719
$143,319
No

Tax History

Year
Tax Paid
Assessed Value
2023
$455
$143,319

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,110/mo
N/A
+$1,110/mo
6.9%

City: Lubbock

13208 Avenue S | Property Details | No Agent List