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$243,000

NAL Estimated Property Value

163 Mason Rd, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,634 Sq Ft
price_per_sqft$177.48 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
FlooringTile

Exterior

Exterior FeaturesNone
Lot Size5 acres

Building Information

Year Built2011
Garage Spaces2

Land Information

APN70322
Land UseOther / Unknown
Legal DescriptionMASON MESA, TR 10, ACRES 5.000
Census Tract950200
Assessed Land Value$18,110
Assessed Improvement Value$199,850
Assessment Year2025

About this property

Welcome home to peaceful country living in this beautiful 3-bedroom, 2-bathroom home on 5 acres in Hockley County! This 1,626 sq ft single-family residence offers a functional open floor plan with two spacious living areas, a formal dining room, and a double-sided wood-burning fireplace for a cozy, inviting ambiance. The kitchen features wood-stained cabinets, beautiful counter tops, and a dining combo—perfect for family meals and entertaining. The primary bedroom suite is thoughtfully designed with an isolated layout, offering a spa-like soaking tub, and separate shower. Two additional bedrooms provide plenty of space for family, guests, or a home office. Enjoy a large utility room, and plenty of storage. Step outside to your 40x20 shop, ideal for projects, hobbies, or additional storage. The fully fenced property offers endless possibilities, from gardening to raising animals or simply enjoying wide-open spaces. NO deed restrictions, meaning flexibility for future plans! Located in the highly sought-after Smyer ISD, this home provides quiet country living while still being a short drive to Lubbock for shopping, dining, and entertainment. Additional 30 acres behind the home is available for purchase! Don't miss this opportunity—schedule your showing today!

Investor Tools

Property Icon
$243,000
Estimated Property Value
$20,092Estimated Mortgage Balance
$222,908Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,042
$217,960
2025
$18,110
$199,850
$217,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,042
$217,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$10,226
Yes
First
May 8, 2025
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,092
$222,908
91%
8%
$124/mo

City: Lubbock

163 Mason Rd | Property Details | No Agent List