Last 24 Hours
$116,500
221 N County Road 2850, Lubbock, TX, 79403
On Market
2 Beds
1 Bath
910 Sq Ft
$128.02 / sqft
Built in 1982Property Lead Type:
Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 1FlooringCarpet, Hardwood
Exterior
Exterior FeaturesNone
Lot Size1 acre
Building Information
Year Built1982
Land Information
APNR60814
Lot Number31555
Land UseResidential
Legal DescriptionBLK A SEC 23 AB 49 N/2 TR 15E GOODNIGHT TRS ACS: 1
Census Tract010204
Assessed Land Value$14,000
Assessed Improvement Value$5,245
Assessment Year2025
About this property
Discover your ideal mobile home on 2 expansive acres, offering plenty of space and potential! Nestled in a peaceful county setting with no HOA restrictions, this property gives you the freedom to expand - even adding another mobile home for investment or additional living space. The home has been beautifully renovated, featuring a brand-new interior, a new roof, and updated well and septic systems. It's truly move-in ready! Don't miss out on this fantastic opportunity to own this upgraded property today - schedule your tour now!
Investor Tools
$0Estimated Mortgage Balance
$115,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$699 /month
Positive
Cash Flow Estimate:
$233 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$71/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$274
$19,245
2025
$14,000
$5,245
$19,245
No
Tax History
Year
Tax Paid
Assessed Value
2024
$274
$19,245
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$115,000
100%
0%
$0/mo
12.4%