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$200,000

NAL Estimated Property Value

13816 Red Springs Avenue, Lubbock, TX, 79423

$207,967 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,426 Sq Ft
price_per_sqft$149.02 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Luxury Vinyl

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size5,108 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces2

Land Information

APNR336037
Lot Number8540
SubdivisionBell Farms
Land UseResidential
Legal DescriptionBELL FARMS L 854
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$140,389
Assessment Year2025

About this property

**Seller offering $1,500 towards buyers closing cost!**On a quiet cul-de-sac in a highly sought-after school district, this better than new, move in ready home offers comfort, quality, and thoughtful upgrades. Enjoy covered front and back porches—perfect for relaxing or entertaining—along with an insulated garage, gutters, pre-plumbed for a water softener and a convenient screen door for added functionality. The backyard is beautifully landscaped and equipped with irrigation, creating an ideal outdoor space, while the front yard features attractive, low-maintenance xeriscaping for easy upkeep and curb appeal. Located in a neighborhood rich with amenities, you'll have access to parks, playgrounds, and a scenic playa lake—perfect for enjoying the outdoors and connecting with the community. This home is both a primary residence and short-term rental. Furnishings are negotiable, making this home more than move in ready...See it today!

Investor Tools

Property Icon
$200,000
Estimated Property Value
$242,342Estimated Mortgage Balance
$200,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,275 /month
Positive
Cash Flow Estimate:
$425 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,185
$180,389
2025
$40,000
$140,389
$180,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,185
$180,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Unknown
$135,023
No
First
Jan 19, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,342
N/A
0%
121%
$1,620/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,620/mo
$-70/mo
9.3%

City: Lubbock

13816 Red Springs Avenue | Property Details | No Agent List