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$116,500

221 N County Road 2850, Lubbock, TX, 79403

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths910 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.02 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
FlooringCarpet, 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

Property Icon
$115,000
Estimated Property Value
$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

Interested in this property?

Michael Norsworthy

eXp Realty LLC

ContactContact

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Financing 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

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.

Explore Texas Explore This Area
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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221 N County Road 2850 | Property Details | No Agent List