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$586,462

NAL Estimated Property Value

15413 County Road 1860, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.45 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave
FlooringCarpet

Exterior

Private PoolPrivate Pool
Lot Size1.12 acres

Building Information

Year Built2001
Roof Type105
Garage Spaces3

Land Information

APNR158973
Lot Number400
SubdivisionHighland Oaks
Land UseResidential
Legal DescriptionHIGHLAND OAKS L 40
Census Tract010422
Assessed Land Value$42,000
Assessed Improvement Value$545,373
Assessment Year2025

About this property

Entertainers dream. This Highland Oaks home has incredible outdoor living space. A 30,000 gallon pool with rainbow lighting, hot tub and a swim up bar will entice any outdoor aficionado. To top it off you will also find ample outdoor space and a beautifully landscaped front and back yard. This home also offers a detached shop with ample storage space and room for any toys you have or may want to add to your inventory. Within the shop you will also find a well equipped 1/1 apartment. The interior of the home also offers oversized rooms and plenty of space to relax and escape from the rustle and bustle of everyday life. Be sure and add this fantastic property to your list!

Investor Tools

Property Icon
$586,462
Estimated Property Value
$384,478Estimated Mortgage Balance
$201,984Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,519 /month
Positive
Cash Flow Estimate:
$1,173 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$860/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,387
$586,462
2025
$42,000
$545,373
$587,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,387
$586,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Conventional
$320,000
No
First
Jun 23, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$384,478
$201,984
34%
66%
$2,719/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$3,519/mo
$-1,829/mo
3.5%

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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15413 County Road 1860 | Property Details | No Agent List