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$202,000

NAL Estimated Property Value

13217 Sherman Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.22 / sqft
Year BuiltBuilt in 2023

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
AppliancesDishwasher, Microwave

Exterior

Lot Size6,726 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR341020
Lot Number16950
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 1695
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$136,080
Assessment Year2025

About this property

Up to $12k + 5.99% interest rate if we close before 01/03/2024! As you enter this 1,350 square foot home, you will be greeted by the spacious living room with a great view of the kitchen just beyond. With its large peninsula overlooking the living area, plenty of cabinet space and dining room nestled in its own corner. As you look down the hall just off the kitchen, you will find a large bathroom and two large bedrooms that will soon become the perfect oasis for your family or friends. Nestled in the back of home is your own private retreat. This primary bedroom, with its large walk-in closet and bathroom, is the perfect getaway for any homeowner.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,959
$176,080
2025
$40,000
$136,080
$176,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,959
$176,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
9.2%

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 Sherman Ave | Property Details | No Agent List