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$283,000

NAL Estimated Property Value

2120 N County Road 2830, Lubbock, TX, 79403

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$59.63 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRange, Cooktop, Free-Standing Gas Range, Free-Standing Range, Gas Cooktop

Exterior

Lot Size36,155 sqft

Building Information

Year Built1949
Roof Type114
Garage Spaces1

Land Information

APNR75184
Lot Number3700
SubdivisionFranklin Est
Land UseResidential
Legal DescriptionBLK A SEC 26 AB 837 TR 34 & 34A FRANKLIN EST ACS: .83
Census Tract010204
Assessed Land Value$11,620
Assessed Improvement Value$145,938
Assessment Year2025

About this property

Country living with quick & easy access to Lubbock. This 3/1/1 property is located out far enough but only minutes from shopping, medical facilities, universities, restaurants & entertainment. Oversized living area to accommodate large furniture. Spacious, isolated master with lots of room. Country kitchen with gas freestanding stove, pantry & adjacent dining area. Recently installed nice laminate flooring. Lovely front porch with well-maintained lawn, landscaped & fenced backyard. Large L-shaped shop adjacent to the subject property. Roosevelt ISD.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$173,279Estimated Mortgage Balance
$109,721Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,182
$157,558
2025
$11,620
$145,938
$157,558
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,182
$157,558

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Conventional
$184,000
No
First
Mar 30, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,279
$109,721
38%
61%
$1,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,104/mo
+$321/mo
6.0%

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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2120 N County Road 2830 | Property Details | No Agent List