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$267,000

NAL Estimated Property Value

1401 N Vale Ave, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.28 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
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

Exterior

Lot Size8,480 sqft

Building Information

Year Built2018
Roof Type105
Garage Spaces462

Land Information

APNR310895
Lot Number4230
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 423
Census Tract000409
Assessed Land Value$25,440
Assessed Improvement Value$229,428
Assessment Year2025

About this property

M & M Homes Inc. continues to bring that custom look without the custom price with this beautiful new open concept home. The brick, stone and cedar design gives this home a very custom look. This home has custom built cabinets and other nice built in amenities. Home has a large granite island and granite kitchen counters along with a large walk in pantry. Bath counters feature his and her granite vanities, an air flow tub and a large beautiful walk in custom tile shower and a large master closet with built in amenities. This home is move in ready in October 2018. Many built in custom cabinets in this home. This home comes with a StrucSure 1,2,10 year warranty.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$96,970Estimated Mortgage Balance
$170,030Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,129
$254,868
2025
$25,440
$229,428
$254,868
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,129
$254,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Of Commerce
Unknown
$115,000
No
First
Aug 31, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,970
$170,030
63%
36%
$690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$690/mo
+$1,230/mo
8.6%

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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1401 N Vale Ave | Property Details | No Agent List