$588,000
NAL Estimated Property Value14608 County Road 2110, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Double Oven, Microwave
FlooringCarpet, Tile
Exterior
Lot Size1.13 acres
Building Information
Year Built2009
Roof Type105
Garage Spaces2
Land Information
APNR308134
Lot Number300
SubdivisionTimber Ridge
Land UseResidential
Legal DescriptionTIMBER RIDGE L 30
Census Tract010512
Assessed Land Value$28,000
Assessed Improvement Value$524,694
Assessment Year2025
About this property
Awesome 4 bedroom, 3 bath, house in Timber Ridge on an acre! This house has it all 40x50 shop with 14 foot overhead doors and foam insulation. The house also has foam in the attic. Extremely nice back patio with fireplace. Added concrete drive. This house is nice! Sprinkler system in the front and back.
Investor Tools
$588,000
Estimated Property Value
$340,083Estimated Mortgage Balance
$247,917Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,183
$552,694
2025
$28,000
$524,694
$552,694
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,183
$552,694
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Stand Alone First / Home Equity First Lien
$376,000
No
First
May 7, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,083
$247,917
42%
58%
$2,255/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,255/mo
$-435/mo
3.7%
