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$816,000

NAL Estimated Property Value

2 Jesse James Dr, Lubbock, TX, 79404

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,999 Sq Ft
price_per_sqft$298.43 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, Microwave, Range
FlooringCarpet, Tile

Exterior

Exterior FeaturesOutdoor Kitchen

Building Information

Year Built2017
Roof Type105
Garage Spaces2

Land Information

APNR330780
Lot Number20
SubdivisionBuffalo Lake
Land UseResidential
Legal DescriptionBUFFALO LAKE L 2 LEASED LD
Census Tract010700
Assessed Improvement Value$857,554
Assessment Year2025

About this property

Allow yourself to be swept away in this West Texas oasis that offers breathtaking canyon vistas from its panoramic balconies. You are greeted with a waterfall alongside cascading steps that lead up to the towering entrance of this architectural masterpiece. The abundance of windows and natural light make the variety of weather enjoyable year-round. Whip up your favorite dishes in the chef's kitchen fitted with custom wine rack/fridge. The built-in, SOTA entertainment system will make you feel like you're in the movie or concert with its SVS PB16-Ultra sub that fills the atrium living room nicely. Slide the master bedroom doors open and enjoy a canyon thunderstorm from the large Jacuzzi tub or the comfort of your own bed. Your backyard is a beautiful lake where you can enjoy the water as much as you want boating, fishing, kayaking, or just hitting the beach. There are also great biking and hiking options. The locals are great and regularly host festivities at the marina or amphitheater.

Investor Tools

Property Icon
$816,000
Estimated Property Value
$175,015Estimated Mortgage Balance
$640,985Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,921
$791,306
2025
N/A
$857,554
$857,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,921
$791,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot Llc
Fha
$182,728
Yes
First
Jan 30, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,015
$640,985
78%
21%
$1,096/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,096/mo
+$329/mo
2.1%

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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