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$209,000

NAL Estimated Property Value

1716 Fm 41, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,440 Sq Ft
price_per_sqft$104.17 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size35,501 sqft

Building Information

Year Built1949
Roof Type105
Garage Spaces2

Land Information

APNR120914
Lot Number5010
Land UseResidential
Legal DescriptionBLK 20 SEC 102 AB 1573 TR 5A OF SW/PT AC: .815
Census Tract010514
Assessed Land Value$14,670
Assessed Improvement Value$159,314
Assessment Year2025

About this property

Welcome to this charming country retreat nestled just minutes from Lubbock! Located at 1716 FM 41, this 2-bedroom, 1-bathroom home offers over 1,400 sq. ft. of living space and sits on a generous 0.82-acre lot, providing the perfect balance of rural tranquility and convenient access to city amenities. Step inside to find a warm and inviting interior with spacious living areas, perfect for relaxing or entertaining. The kitchen boasts ample counter space and cabinetry, ready to accommodate your culinary needs. The bonus flex space can be tailored to suit your lifestylewhether as a home office, playroom, or extra storage. Outside, enjoy the wide-open spaces with plenty of room to garden, host gatherings, or simply soak in the peaceful surroundings. The property's expansive lot also offers opportunities for expansion, projects, or hobbies. This home is perfect for anyone looking to enjoy the quiet country lifestyle while staying close to Lubbock's amenities, schools, and shopping.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$0Estimated Mortgage Balance
$209,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,395
$173,984
2025
$14,670
$159,314
$173,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,395
$173,984

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$209,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
8.9%

City: Lubbock

1716 Fm 41 | Property Details | No Agent List