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$197,787

NAL Estimated Property Value

13702 Sherman Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,352 Sq Ft
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave

Exterior

Lot Size5,026 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR337664
Lot Number10580
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 1058
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$157,787
Assessment Year2025

About this property

BUY NOW and get $5,000 in CLOSING COSTS. This open concept home has a charming floor plan that features 3 bedrooms, 2 bathrooms, separate dining room, and more. This quality home is complete with a two-car garage, master walk-in closet ,a kitchen island, and a front and back yard with a covered patio 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.

Investor Tools

Property Icon
$197,787
Estimated Property Value
$183,749Estimated Mortgage Balance
$14,038Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,187 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,220
$197,787
2025
$40,000
$157,787
$197,787
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,220
$197,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Fha
$188,491
Yes
First
Dec 3, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,749
$14,038
7%
93%
$1,131/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,131/mo
+$419/mo
9.4%

City: Lubbock

13702 Sherman Ave | Property Details | No Agent List