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$525,000

188 Pony Express Trl, Lubbock, TX, 79404

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,504 Sq Ft
price_per_sqft$209.66 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Exhaust Fan, Oven, Range Hood
FlooringTile

Exterior

Exterior FeaturesCourtyard, Lighting

Building Information

Year Built1959

Land Information

APNR86355
Lot Number1880
SubdivisionBuffalo Lake
Land UseResidential
Legal DescriptionBUFFALO LAKE L 188 LEASED LD
Census Tract010700
Assessed Improvement Value$193,600
Assessment Year2025

About this property

From the moment you step inside, you'll notice how naturally the home flows. Two spacious living areas, anchored by a beautiful fireplace and wrapped in walls of windows, create an inviting space where conversations, family gatherings, and celebrations all happen effortlessly. The open layout connects seamlessly to the kitchen, making entertaining feel easy. Warm Saltillo tile, rich natural light, and views of the surrounding native landscape give the home a timeless character that's difficult to recreate. Nearly every window frames mature trees and lush foliage, creating a sense of privacy and tranquility throughout the home. The primary suite is a true retreat, offering generous space, a spa-inspired bath with double vanities, a soaking tub, an oversized walk-in shower, and expansive windows that bring the outdoors in. With three bedrooms and three full bathrooms, there's plenty of room for family and guests alike. Step outside and the entertaining continues. The expansive deck overlooks the beautifully landscaped surroundings, while the lower-level covered bar and grilling area is ready for summer cookouts, game days, and evenings spent with friends. Even the welcoming front patio offers its own peaceful escape, surrounded by mature landscaping that creates an inviting first impression before you ever walk through the front door. Complete with granite countertops, thoughtful design, and indoor and outdoor spaces that were truly built for gathering, this Buffalo Springs Lake home offers a lifestyle that's as comfortable as it is unforgettable.

Investor Tools

$197,496Estimated Mortgage Balance
$171,504Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Taylor Stephens

Reside Real Estate Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,181
$193,600
2025
N/A
$193,600
$193,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,181
$193,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charlie Williamson Etal
N/A
$250,000
N/A
First
Aug 1, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,496
$171,504
46%
54%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,499/mo
$-74/mo
4.6%

City: Lubbock

188 Pony Express Trl | Property Details | No Agent List