$805,000
NAL Estimated Property Value16401 County Road 2120, Lubbock, TX, 79423
Off Market
Highlights
Interior
Exterior
Lot Size3.11 acres
Building Information
Year Built2016
Roof Type105
Garage Spaces875
Land Information
APNR174733
Lot Number170
SubdivisionSaddle Club Ranch Est
Land UseResidential
Legal DescriptionSADDLE CLUB RANCH EST L 17
Census Tract010514
Assessed Land Value$43,000
Assessed Improvement Value$590,238
Assessment Year2025
About this property
Looking for a large residential lot convenient to Lubbock? Don't miss this large 3.1 acre lot in exclusive Saddle Club Ranch! Located in Cooper school district & horses welcome! Exclusive fenced horseback riding trails!
Investor Tools
$805,000
Estimated Property Value
$503,825Estimated Mortgage Balance
$301,175Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,830 /month
Positive
Cash Flow Estimate:
$1,610 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,087/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,016
$633,238
2025
$43,000
$590,238
$633,238
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,016
$633,238
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$510,400
No
First
May 1, 2020
Jun 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,825
$301,175
37%
63%
$3,422/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$3,422/mo
$-1,602/mo
2.7%
