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$509,000

NAL Estimated Property Value

15403 County Road 2140, Lubbock, TX

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.82 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh Equity

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, Instant Hot Water, Microwave, Water Purifier, Water Purifier Owned
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

Looking for a great home on an acre? This 4/3/2 plus office and game room has it all! Nestled in the Lubbock-Cooper school district this home boasts an open concept floor plan, perfect for entertaining. Enjoy the isolated master suite with double sinks and large wrap around closet. You will also find 2 bedrooms with a Jack and Jill bathroom and an isolated bedroom with its own bath. The office and game room are versatile making this house perfect for any family! Step outside and you will enjoy watching your kids play in the the large backyard perfect for adding a pool, barn or both! A great place to call home!

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%

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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15403 County Road 2140 | Property Details | No Agent List