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$350,000

NAL Estimated Property Value

1921 Mesa Rd, Lubbock, TX, 79403

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,277 Sq Ft
price_per_sqft$115.28 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave, Range
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size22,475 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APNR108254
Lot Number10
SubdivisionBowman
Land UseResidential
Legal DescriptionBOWMAN L 1
Census Tract000100
Assessed Land Value$29,000
Assessed Improvement Value$285,988
Assessment Year2025

About this property

Beautiful Custom Build by Trey Strong on 1/2 Acre Lot! This Open Floor Plan is perfect for entertaining! Special Ceilings, Wood Floors, Crown Molding, Corner Fireplace, Surround Sound. Great Kitchen with Custom Cabinets, Granite Island, Breakfast Bar, Gas Range & Pantry! Formal Dining Room & Great Breakfast Nook! Isolated Master Suite with Double Vanities, Jetted Tub, Tiled Shower & Huge Walk-in Closet! Spacious Bedrooms share 2nd Full Bath with Double Vanities. AWESOME Covered Patio & Fenced Backyard with tons of room to roam, room for a Shop or Pool! Great access to Highway, shopping & restaurants! Come check this one out before its too late!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$269,114Estimated Mortgage Balance
$80,886Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,355
$314,988
2025
$29,000
$285,988
$314,988
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,355
$314,988

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$292,500
No
First
Feb 3, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,114
$80,886
23%
77%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,754/mo
$-82/mo
5.7%

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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1921 Mesa Rd | Property Details | No Agent List