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$799,000

NAL Estimated Property Value

17109 FM 1730, Lubbock, TX, 79424

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$639.2 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Free-Standing Electric Range, Microwave, Water Softener Owned
FlooringConcrete

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard, Storage
Lot Size5.02 acres

Building Information

Garage Spaces4

Land Information

APNR308300
Lot Number30
SubdivisionSouth Fork Ranch
Land UseResidential
Legal DescriptionSOUTH FORK RANCH L 3
Census Tract010514
Assessed Land Value$69,900
Assessment Year2025

About this property

Set across five acres in South Fork Ranch, this exceptional property presents a rare opportunity to create a custom estate with many of the most valuable improvements already thoughtfully established. Offering privacy, versatility, and substantial infrastructure, the property pairs an expansive homesite with an impressive shop and fully finished guest quarters, all within the highly regarded Lubbock-Cooper Liberty school district. A 50' x 75' black metal shop anchors the property and offers an extraordinary amount of flexible space. Within it, approximately 1,250 square feet has been finished as private living quarters, complete with two bedrooms, one bath, a full kitchen with an oversized island, washer and dryer connections, and a wood-burning fireplace. The adjoining 50' x 50' shop provides abundant room for an extensive vehicle collection, recreational equipment, a workshop, or additional storage. Four oversized garage doors provide exceptional access, with the garage area offering space for up to six vehicles. A 20' x 30' covered lean-to adds another layer of functionality. Beyond the improvements, the acreage has been intentionally developed for both beauty and ease of ownership. Approximately three-quarters of the property is irrigated by a sprinkler system, supporting nearly 40 established trees, including fruit-bearing varieties. Substantial fencing surrounds three sides of the acreage, while private entry pillars and a solar-powered gated entrance with keypad access create an impressive sense of arrival. The property is already equipped with two separate electrical meters through SPEC to serve the shop and future residence, along with a 1.5-horsepower well providing irrigation and shop water. The finished quarters benefit from both closed- and open-cell foam insulation, as well as an owned reverse-osmosis system and water softener. House plans are included, offering the next owner the opportunity to continue the existing vision or use the property as the starting point for something entirely your own. With five acres, established improvements, private living accommodations, exceptional shop space, and key infrastructure already in place, this South Fork Ranch offering provides a remarkable foundation for a one-of-a-kind West Texas estate.

Investor Tools

Property Icon
$920,000
Estimated Property Value
$0Estimated Mortgage Balance
$920,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,520 /month
Positive
Cash Flow Estimate:
$1,840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,116
$69,900
2025
$69,900
N/A
$69,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,116
$69,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$920,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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17109 FM 1730 | Property Details | No Agent List