B+

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Owner Contacts

$552,000

13407 Joliet Ave, Lubbock, TX, 79423

Off Market

4 Beds

3 Bath

2,798 Sq Ft

Single Family Residence

$135.78 / sqft

Built in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dishwasher, Microwave

FlooringCarpet, Vinyl

Exterior

Lot Size10,709 sqft

Building Information

Year Built2018

Roof Type105

Garage Spaces2

Land Information

APNR326529

Lot Number1790

SubdivisionKelsey Park

Land UseResidential

Legal DescriptionKELSEY PARK L 179

Census Tract010512

Assessed Land Value$47,120

Assessed Improvement Value$504,550

Assessment Year2025

About this property

You'll want to see this Stylish Ventura 4 Bedroom, 3 Bath Home on an OVER-SIZED LOT in Cotswold at Kelsey Park w/ a bonus Room & 2 car Garage! The Family Room w/ Vaulted Ceilings~ Vinyl Wood Plank Flooring~ Grand Fireplace w/ built ins Opens up to the Spacious Dining Room & Jaw Dropping Kitchen! This Well Designed Kitchen leaves nothing to be Desired from the Stone Counter tops~ Stone Back splash w/ Designer Signature Tile over the Gas Cook top w/ Decorative Vent Hood~ Stainless Steel Appliances including Double Ranges & Commercial Refrigerator Column & Freezer Column! Bonus Room great for Man Cave or Game Room! Extended Patio w/ Fire place! The Isolated Master Suite sits at the Rear of the Home~ The Master Bath Boasts of Double Vanities~ Tiled Shower~ Separate Tub~ Ample Closet Space~ Additional Features included in this home are Jack-n-Jill Bath~ 2 inch Faux Wood Blinds~ Back Patio w/ outdoor Fireplace~ Mud Bench~ Designer Hardware~ Spacious Walk-in Closets~ Built-in linen storage

Investor Tools

$552,000

Estimated Property Value

$279,900Estimated Mortgage Balance

$275,778Estimated Equity

49% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,312 /month

Positive

Cash Flow Estimate:

$1,104 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,227/month

$360/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,963

$551,670

2025

$47,120

$504,550

$551,670

Tax History

Year

Tax Paid

Assessed Value

2024

$11,963

$551,670

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Tech Fcu

Unknown

$279,900

First

Aug 26, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$276,222

$275,778

49%

50%

$1,679/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,820/mo

$2,039/mo

$-219/mo

4.0%

Learn About the Market: Opportunity in Texas

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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.

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