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$417,424

NAL Estimated Property Value

1412 Monticello Ave, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,619 Sq Ft
price_per_sqft$122.18 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Water Purifier, Water Purifier Owned, Tankless Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Lot Size31,620 sqft

Building Information

Year Built2000
Roof Type105
Garage Spaces2

Land Information

APNR119760
Lot Number590
SubdivisionTerra Estates Ii
Land UseResidential
Legal DescriptionTERRA ESTATES II L 59
Census Tract000406
Assessed Land Value$36,363
Assessed Improvement Value$402,040
Assessment Year2025

About this property

Terra II Estates -Awesome home on 3/4 acre. 4/3/2 w/office, 2 living & 2 dining areas, safe room, energy efficient w/33 Solar panels & solar screens to reduce utility costs, and tankless water heater w/recirculating pump. Also, there is a large area south of the home designated for RV PARKING, including 50 Amp electrical hookup. The home has fresh paint inside & outside, including the garage. Huge patio overlooks great yard, the condition is excellent and the home is priced great! Call today to see this wonderful home!

Investor Tools

Property Icon
$417,424
Estimated Property Value
$0Estimated Mortgage Balance
$417,424Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,505 /month
Positive
Cash Flow Estimate:
$835 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,391
$417,424
2025
$36,363
$402,040
$438,403
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,391
$417,424

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$417,424
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
N/A
+$1,920/mo
5.5%

City: Lubbock

1412 Monticello Ave | Property Details | No Agent List