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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%

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: Lubbock

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