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$205,000

NAL Estimated Property Value

13217 N Fm 1264, Lubbock, TX, 79415

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$98.38 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Free-Standing Electric Range, Free-Standing Range
FlooringHardwood

Exterior

Lot Size5 acres

Building Information

Year Built1945
Roof Type105

Land Information

APNR169511
Lot Number71200
Land UseResidential
Legal DescriptionBLK D2 SEC 3 AB 43 TR B12 ACS: 5
Census Tract010201
Assessed Land Value$45,000
Assessed Improvement Value$132,786
Assessment Year2025

About this property

Country Charmer!! Adorable 2 bedroom, 1 bath home on 5 acres only minutes from Lubbock! Original hardwood floors on the main floor. Bonus room upstairs with extra storage. 4 acres are fenced and include a horse barn. Located in the New Deal school district. Hurry to see this one!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$147,784Estimated Mortgage Balance
$57,216Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,195
$177,786
2025
$45,000
$132,786
$177,786
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,195
$177,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Conventional
$121,125
No
First
Oct 21, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,784
$57,216
27%
72%
$1,055/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$1,055/mo
$-38/mo
6.0%

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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13217 N Fm 1264 | Property Details | No Agent List