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$666,000

NAL Estimated Property Value

16 N Rim Rd, Ransom Canyon, TX, 79366

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.67 / sqft
Year BuiltBuilt in 1990

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
AppliancesCooktop, Disposal, Double Oven, Electric Cooktop

Exterior

Private PoolPrivate Pool
Lot Size33,882 sqft

Building Information

Year Built1990
Roof Type105
Garage Spaces3

Land Information

APNR58591
Lot Number360
SubdivisionLake Ransom Canyon
Land UseResidential
Legal DescriptionLAKE RANSOM CANYON BLK 19 L 36 & 37
Census Tract010700
Assessed Land Value$33,882
Assessed Improvement Value$417,466
Assessment Year2025

About this property

Reduced The view from the back porch of this one will make you forget you are in Lubbock. 4/3/3 in Ransom Canyon with pool. Great open home with a huge back porch overlooking the lake and pool

Investor Tools

Property Icon
$666,000
Estimated Property Value
$273,722Estimated Mortgage Balance
$392,278Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,996 /month
Positive
Cash Flow Estimate:
$1,332 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,000/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,665
$451,348
2025
$33,882
$417,466
$451,348
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,665
$451,348

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$310,000
No
First
May 21, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,722
$392,278
58%
41%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,859/mo
+$101/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.

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: Ransom Canyon

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16 N Rim Rd | Property Details | No Agent List