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$538,900

13806 Salem Ave, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,540 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.17 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Range, Built-In Refrigerator, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size8,632 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR330833
Lot Number440
SubdivisionStratford Pointe
Land UseResidential
Legal DescriptionSTRATFORD POINTE L 44A
Census Tract010512
Assessed Land Value$60,000
Assessed Improvement Value$395,093
Assessment Year2025

About this property

Welcome to Stratford Pointe, where luxury, comfort, and timeless design come together in one exceptional home. Built in 2021, this stunning 4-bedroom, 3-bath residence offers approximately 2,540 square feet of thoughtfully designed living space, featuring soaring ceilings, rich wood flooring, designer finishes, and an open-concept layout perfect for both everyday living and entertaining. The heart of the home is a chef-inspired kitchen equipped with premium stainless-steel appliances, double ovens, gas cooktop, quartz and granite surfaces, custom cabinetry, and an oversized island that seamlessly connects to the spacious living and dining areas. Elegant architectural details, including beamed and vaulted ceilings, built-in features, and abundant natural light, create an atmosphere of sophistication throughout. Retreat to the luxurious primary suite, complete with a spa-like bath, dual vanities, generous walk-in closets, and a peaceful ambiance designed for relaxation. Three additional bedrooms and two full baths provide flexibility for family, guests, or a home office. Situated on a desirable lot in one of South Lubbock's most sought-after neighborhoods, this home combines upscale living with convenient access to shopping, dining, and highly regarded Lubbock-Cooper schools. Whether you're hosting friends, enjoying quiet evenings at home, or looking for a move-in-ready property with exceptional finishes, 13806 Salem Avenue delivers a lifestyle that's second to none. Luxury. Location. Lifestyle. This is the one you've been waiting for.

Investor Tools

$319,596Estimated Mortgage Balance
$195,023Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,233 /month
Positive
Cash Flow Estimate:
$1,078 /month

Interested in this property?

Rod Reynolds

Lyons Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$907/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,308
$455,093
2025
$60,000
$395,093
$455,093
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,308
$455,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wyndham Capital Mortgage Inc
Conventional
$352,665
No
First
Jun 9, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,596
$210,404
39%
62%
$2,115/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,415/mo
$-725/mo
3.9%

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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13806 Salem Ave | Property Details | No Agent List