$542,000
NAL Estimated Property Value16004 County Road 2130, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Double Oven, Dishwasher, Microwave, Range
Exterior
Lot Size1.00 acres
Building Information
Year Built2013
Roof Type105
Garage Spaces2
Land Information
APNR322163
Lot Number2440
SubdivisionTimber Ridge
Land UseResidential
Legal DescriptionTIMBER RIDGE L 244
Census Tract010512
Assessed Land Value$30,000
Assessed Improvement Value$447,139
Assessment Year2025
About this property
BEAUTIFUL 4/3/2 home with large shop on 1 acre! As you enter this open-concept home, you will appreciate the high ceilings, corner stone fireplace & warm colors. The well-appointed kitchen features granite countertops, stainless appliances, double ovens & breakfast bar. The isolated master provides tray ceiling plus large master bathroom with double vanities.
Investor Tools
$542,000
Estimated Property Value
$275,202Estimated Mortgage Balance
$266,798Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,252 /month
Positive
Cash Flow Estimate:
$1,084 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,534
$477,139
2025
$30,000
$447,139
$477,139
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,534
$477,139
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Va
$327,901
Yes
First
Jun 1, 2018
Jun 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,202
$266,798
49%
51%
$1,966/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,966/mo
$-146/mo
4.0%
