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$225,000

13708 Avenue R, Lubbock, TX, 79423

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
price_per_sqft$135.38 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyAuctionPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Free-Standing Range, Range, Stainless Steel Appliance(s)
FlooringLuxury Vinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size5,384 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR340594
Lot Number11690
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 1169
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$200,114
Assessment Year2025

About this property

Take a look at this well-kept 3-bedroom, 2-bathroom home in Bell Farms, located in the Lubbock-Cooper school district. Sitting on a larger lot this home is just a few houses down from the neighborhood park and offers an easy, low-maintenance lifestyle. Inside, you'll find vinyl plank flooring throughout the main living areas and a layout that's clean, comfortable, and easy to live in. The home has been well maintained, and it shows. Outside, the front and back yards have been xeriscaped, keeping the yard looking great without the time and upkeep that comes with a traditional lawn. If you're looking for a home that's move-in ready, easy to maintain, and priced to sell compared to similar homes in Bell Farms, this one is worth a look!

Investor Tools

$210,330Estimated Mortgage Balance
$30,929Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,441 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Jarrett Thornton

Jarrett Thornton

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,309
$240,114
2025
$40,000
$200,114
$240,114
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,309
$240,114

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Unknown
$204,919
No
First
Apr 6, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,330
$29,784
12%
88%
$1,359/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,359/mo
+$191/mo
7.7%

City: Lubbock

13708 Avenue R | Property Details | No Agent List