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$271,000

NAL Estimated Property Value

13602 Vernon Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,953 Sq Ft
price_per_sqft$110.09 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave

Exterior

Lot Size6,367 sqft

Building Information

Year Built2017
Roof Type105
Garage Spaces2

Land Information

APNR329245
Lot Number860
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 86
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$213,643
Assessment Year2025

About this property

BEAUTIFUL Like-New Open-Concept Home! This 2-year old 3 bedroom, 2 bathroom home is immaculate & has great natural light! The spacious living area offers a corner fireplace, 10' ceiling & crown molding. The large kitchen features granite countertops, large breakfast bar, stainless appliances, under cabinet lighting & abundant storage. Isolated master bedroom provides on-suite bathroom with double vanities, garden tub, separate shower & large walk-in closet. Spacious secondary bedrooms with good storage. Backyard offers covered patio & sprinkler system. A true gem & located in Cooper ISD!

Investor Tools

Property Icon
$271,000
Estimated Property Value
$180,793Estimated Mortgage Balance
$90,207Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,737
$253,643
2025
$40,000
$213,643
$253,643
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,737
$253,643

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Credit Line (Revolving) / Heloc
$199,500
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,793
$90,207
33%
67%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,197/mo
+$353/mo
6.9%

City: Lubbock

13602 Vernon Ave | Property Details | No Agent List