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$348,000

NAL Estimated Property Value

2206 Fm 41, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,207 Sq Ft
price_per_sqft$352.11 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Tankless Water Heater

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size5.04 acres

Building Information

Year Built2009
Roof Type105
Garage Spaces2

Land Information

APNR318482
Lot Number30
SubdivisionSunrise Ranches Ii
Land UseResidential
Legal DescriptionSUNRISE RANCHES II L 3
Census Tract010514
Assessed Land Value$70,602
Assessed Improvement Value$247,661
Assessment Year2025

About this property

Amazing Price Reduction!!! for our Home Home on the Range! Amazing 5+ acre property on FM 41 south of Lubbock. This Cozy Ranch style home features a 2bd, 2ba and a Studio Loft that could be a 3bd The home highlights: *3 exterior textures *Ceramic wood tile floors *Eco Tankless water heater *2 working water wells *Huge 30x40 Shop w/foam insulation that you can store your Motor Home, ATV's, Boat or you could have a business in the Shop *2-12x24 storage sheds w/foam insulation *a custom built kitchen/dinning room table that conveys *New Appliances convey *Fully fenced off property *25 trees *Horse pens, This Oasis is move in ready!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$0Estimated Mortgage Balance
$348,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,730
$293,918
2025
$70,602
$247,661
$318,263
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,730
$293,918

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$348,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,110/mo
N/A
+$1,110/mo
3.8%

City: Lubbock

2206 Fm 41 | Property Details | No Agent List