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$416,704

NAL Estimated Property Value

16 Wilshire Blvd, Lubbock, TX, 79416

$541,715 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,390 Sq Ft
price_per_sqft$138.03 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Range, Built-In Refrigerator, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size3,601 sqft

Building Information

Year Built2019
Roof Type105
Garage Spaces2

Land Information

APNR310753
Lot Number160
SubdivisionWilshire Estates
Land UseResidential
Legal DescriptionWILSHIRE ESTATES L 16
Census Tract010417
Assessed Land Value$44,000
Assessed Improvement Value$372,704
Assessment Year2025

About this property

2020 Parade of Homes Entry! This HOME is located in Cantera which offers benefits such as a gated community. HOME features 4 bedrooms, 2.5 baths and a 2 story entry. Living room is great size and features a vaulted ceiling and wood burning fireplace. Kitchen has amazing storage and large island. Master bedroom is downstairs and has a well designed bathroom and large closet. Upstairs are the 3 other bedrooms, the front bedroom would also work well as a media room or office. Back porch features another wood burning fireplace. HOME is energy efficient with Foam Insulation and TRANE HVAC system.

Investor Tools

Property Icon
$416,704
Estimated Property Value
$340,644Estimated Mortgage Balance
$76,060Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$541,715
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,500 /month
Positive
Cash Flow Estimate:
$833 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$869/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,339
$416,704
2025
$44,000
$372,704
$416,704
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,339
$416,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Conventional
$346,750
No
First
May 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,644
$76,060
18%
82%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,559/mo
$-639/mo
5.5%

City: Lubbock

16 Wilshire Blvd | Property Details | No Agent List