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$359,945

NAL Estimated Property Value

15 Wilshire Blvd, Lubbock, TX, 79416

$467,929 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,376 Sq Ft
price_per_sqft$142.68 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Range, Built-In Refrigerator, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size3,386 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces2

Land Information

APNR310752
Lot Number150
SubdivisionWilshire Estates
Land UseResidential
Legal DescriptionWILSHIRE ESTATES L 15
Census Tract010417
Assessed Land Value$44,000
Assessed Improvement Value$315,945
Assessment Year2025

About this property

Welcome to this 2020 Parade of Homes Home! Located in newly developed, gated Cantera where convenience meets luxury.Built by M & M Homes. This home has it all. 3 bedrooms 2.5 baths 2 car garage plus an office. Shiplap walls and sleek stair railing welcome you into this home. Kitchen is open and is perfect for entertaining with gas oven & cook top plus quartz & granite counter tops. Isolated master boasts a stunning bath with black slipper tub. The finishes and colors are absolutely wonderful. There is a rear and a side patio with artificial turf. This charming home is nestled in this cozy area. M & M Homes has been serving in the local construction industry for 20 years. Our motto,Building Homes for the Next Generation is our core value as we strive to keep up with the changing trends and new technology in the construction field.Our goal is not only to be your builder of choice, but also to be the family builder for years to come. Ready to call this home!

Investor Tools

Property Icon
$359,945
Estimated Property Value
$309,342Estimated Mortgage Balance
$50,603Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$467,929
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,225
$359,945
2025
$44,000
$315,945
$359,945
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,225
$359,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intercontinental Capital Group Inc
Conventional
$337,478
No
First
Dec 13, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,342
$50,603
14%
86%
$2,024/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,024/mo
$-384/mo
5.5%

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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