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$231,000

NAL Estimated Property Value

13704 Red Springs Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,677 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.08 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

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 Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size5,625 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR340628
Lot Number12030
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 1203
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$180,400
Assessment Year2025

About this property

Welcome to your dream home! Built in 2022, this home has charming curb appeal, & a meticulously maintained front yard complete with sprinkler in both front & back. The exterior also features a new 10x20 ft shed with electricity. Step inside & you'll be greeted a spacious & open-concept living area that is perfect for entertaining. The heart of the home is the beautifully designed kitchen, featuring a large island that has ample counter space & a gathering point for friends & family. Three large bedrooms with spacious closets make this home comfortable for your family. Beyond the walls of your new home,you will find a vibrant family friendly neighborhood, with a park and playground close by, & easy access to shopping, dining,& the excellent schools in the Cooper ISD. Don't miss the opportunity to make this beautiful, move-in ready home your home sweet home! (the drapes in the girl's bedroom do not convey)

Investor Tools

Property Icon
$231,000
Estimated Property Value
$212,136Estimated Mortgage Balance
$18,864Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,345
$220,400
2025
$40,000
$180,400
$220,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,345
$220,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$220,400
No
First
Apr 23, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,136
$18,864
8%
92%
$1,322/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,322/mo
+$228/mo
8.1%

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.

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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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13704 Red Springs Ave | Property Details | No Agent List