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$270,000

2220 Rice Drive, Levelland, TX, 79336

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.98 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesMicrowave, Oven, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage
Lot Size11,195 sqft

Building Information

Garage Spaces2

Land Information

APN12854
Lot Number19
Land UseResidential
Legal DescriptionA BROWN COUNTRY CLUB (LEV), BLOCK 1, LOT 19
Census Tract950500
Assessed Land Value$10,710
Assessed Improvement Value$254,800
Assessment Year2025

About this property

Located in the heart of Levelland, 2220 Rice is the perfect blend of comfort, charm, and functionality! This beautifully maintained 3-bedroom, 2-bath home welcomes you with a spacious living area centered around a cozy brick fireplace — the perfect place to gather with family and friends. Natural light pours into the inviting sunroom, creating a warm and relaxing space to enjoy morning coffee, reading, or entertaining year-round. The kitchen offers an abundance of cabinet and counter space, complete with a center island featuring extra storage, a generous breakfast area, and a separate dining space perfect for hosting dinners and holidays. The private primary suite is designed for comfort with dual vanities, a soaking tub, separate walk-in shower, and an oversized walk-in closet. You'll love the spacious backyard with a covered patio ideal for outdoor gatherings, plus three storage sheds offering plenty of room for tools, hobbies, and extra storage. Topped with a durable stone-coated metal roof that enhances both curb appeal and longevity, this home truly has everything you've been searching for!

Investor Tools

$250,541Estimated Mortgage Balance
$14,969Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Chad Bridges

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,281
$265,510
2025
$10,710
$254,800
$265,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,281
$265,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael Durham
Unknown
$252,000
No
First
Jan 28, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,541
$14,969
5%
94%
$1,511/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: Levelland

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2220 Rice Drive | Property Details | No Agent List