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$805,000

NAL Estimated Property Value

16401 County Road 2120, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,478 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$185.37 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

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

Property Icon
$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

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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%

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.

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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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16401 County Road 2120 | Property Details | No Agent List