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$172,000

NAL Estimated Property Value

1510 E Private Road 7150, Lubbock, TX, 79404

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.47 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesWater Softener, Water Softener Owned

Exterior

Lot Size1 acre

Building Information

Year Built1985

Land Information

APNR317238
Land UseResidential
Legal DescriptionBLK E SEC 7 AB 48 TR D3B3A & D3B4A AC: 1
Census Tract010513
Assessed Land Value$18,000
Assessed Improvement Value$178,589
Assessment Year2025

About this property

This home features 2 finished bedrooms and 2 bathrooms with a functional living space ready for your updates. An additional 776 square foot unfinished add-on offers a blank canvas for your creativity.The sale includes two extra buildings, one being a former auto body shop with an oil bay and plenty of room for vehicle storage or workshop use. Situated in a secluded area, this property provides the basics with the added benefit of versatility. Ideal for those looking for a project or extra space for hobbies and storage. Don't miss the chance to see how you can make this property your own. Schedule a visit today! Property sold As-is. Buyer and/or buyer's agent are responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$0Estimated Mortgage Balance
$172,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$918
$138,794
2025
$18,000
$178,589
$196,589
No

Tax History

Year
Tax Paid
Assessed Value
2024
$918
$138,794

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
9.9%

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.

Explore Texas Explore This Area
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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1510 E Private Road 7150 | Property Details | No Agent List