B+

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Owner Contacts

$684,000

NAL Estimated Property Value

15301 County Road 2140, Lubbock, TX, 79423

Off Market

4 Beds

3 Bath

2,863 Sq Ft

Single Family Residence

$200.84 / sqft

Built in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dishwasher, Microwave

Exterior

Private Pool

Exterior FeaturesOutdoor Kitchen

Lot Size1.06 acres

Building Information

Year Built2011

Roof Type105

Garage Spaces2

Land Information

APNR308209

Lot Number1050

SubdivisionTimber Ridge

Land UseResidential

Legal DescriptionTIMBER RIDGE L 105

Census Tract010512

Assessed Land Value$28,000

Assessed Improvement Value$614,888

Assessment Year2025

About this property

Are You Looking for Your Very Own Back Yard Oasis, with Resort Style Living an a Golfers Paradise? This Amazing Property on a 1 Acre is sure to make you feel Like you're on vacation year round. Home offers 4 bedrooms 3 full baths and 1 half bath. A cozy living space with beautiful focal point fireplace. Open concept kitchen, formal dining room. Jack and Jill rooms, with a 2nd master suite. Sequestered Extra large Master suite with all the amenities. Oversized Outdoor Living Space, Sparkling Saltwater Pool w/ Slide, 2 beautiful pergolas, tons of seating areas, and fully equipped outdoor kitchen, electronic shutters, mini fridge and so much more. A 30X25 bricked workshop, w/ 10ft doors insulated w/fully decked attic space for additional storage. Lush landscaping, large putting green, hitting bay w/ nets, storm cellar, along with your very own fruit bering tree orchard. Property comes with 2 wells/ 2 septic systems outside of the city limits In LCISD.

Investor Tools

$684,000

Estimated Property Value

$499,385Estimated Mortgage Balance

$184,615Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,104 /month

Positive

Cash Flow Estimate:

$1,368 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,067/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$642,888

2025

$28,000

$614,888

$642,888

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$642,888

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

T2 Financial Llc

$518,000

Yes

First

May 2, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$499,385

$184,615

26%

73%

$3,106/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,820/mo

$3,106/mo

$-1,286/mo

3.2%

Learn About the Market: Opportunity in Texas

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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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