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$509,000

NAL Estimated Property Value

15403 County Road 2140, Lubbock, TX, 79423

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,756 Sq Ft
price_per_sqft$146.95 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Double Oven, Dishwasher, Electric Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Lot Size43,400 sqft

Building Information

Year Built2010
Roof Type105
Garage Spaces2

Land Information

APNR308281
Lot Number1760
SubdivisionTimber Ridge
Land UseResidential
Legal DescriptionTIMBER RIDGE L 176
Census Tract010512
Assessed Land Value$28,000
Assessed Improvement Value$421,960
Assessment Year2025

About this property

Don't miss this 4/3/2 plus an office on an acre in Timber Ridge! Just close enough to every amenity in Lubbock and just far enough away that you can enjoy the peace and quiet country living has to offer. Open concept floor plan that is perfect for entertaining. Isolated master suite with double vanity and large wrap around closet. You will also find 2 bedrooms with a Jack and Jill bathroom and a separate bedroom with it's own bath. Plus, enjoy the extra space in the office and game room! The backyard is a blank canvas waiting for whatever you can dream up (shop, pool, barn, anything!). Come see this one before it's gone!

Investor Tools

Property Icon
$509,000
Estimated Property Value
$332,882Estimated Mortgage Balance
$176,118Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,521
$449,960
2025
$28,000
$421,960
$449,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,521
$449,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$352,260
No
First
May 24, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,882
$176,118
34%
65%
$2,112/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,112/mo
$-292/mo
4.3%

City: Lubbock

15403 County Road 2140 | Property Details | No Agent List