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$699,827

NAL Estimated Property Value

18805 County Road 2300, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,217 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.17 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12.03 acres

Building Information

Year Built2009
Roof Type105
Garage Spaces2

Land Information

APNR309381
Land UseResidential
Legal DescriptionBLK E SEC 23 AB 170 TR C1B AC: 12.03
Census Tract010514
Assessed Land Value$108,270
Assessed Improvement Value$591,557
Assessment Year2025

About this property

**FINAL CALL FOR OFFERS!!! All offers due 4/4/2025 by 8:00AM Central** Secluded 12-acre property with a gated entrance in Lubbock-Cooper ISD. The main house features 3 bedrooms, 3 baths, and a 445 square foot basement. The isolated master suite includes a jet tub, separate shower, and a large walk-in closet with a makeup area. Two additional bedrooms, an office, and a basement accessed by a hidden door offer plenty of space. Also included is a 1-bedroom, 1-bathroom apartment with a kitchenette and living area. A separate meeting/event room with a bathroom and a 45x40 workshop with another half bathroom are on-site. Outside, enjoy the pergola with a fireplace, plus a detached 2-car garage with a bathroom, and a 2-car drive-through carport. Property sold As-is. Buyer and/or buyer's agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.

Investor Tools

Property Icon
$699,827
Estimated Property Value
$302,899Estimated Mortgage Balance
$396,928Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,573
$699,827
2025
$108,270
$591,557
$699,827
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2023
$1,573
$699,827

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cnb Bank
Commercial
$308,800
No
First
Apr 23, 2025
Apr 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,899
$396,928
56%
43%
$1,852/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,852/mo
$-302/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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18805 County Road 2300 | Property Details | No Agent List