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$240,000

2301 150th St, Lubbock, TX, 79423

$261,821 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,653 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.19 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave, Tankless Water Heater

Exterior

Lot Size5,825 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APNR348066
Land UseSingle Family Residential
Legal DescriptionALLEN FARMS L 71
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$199,202
Assessment Year2025

About this property

There's a lot to love about life in Allen Farms. This four-bedroom, two-bath home in Cooper ISD offers an open, comfortable layout with spaces that feel connected while still giving everyone room of their own. The living room flows into the dining area and kitchen, where granite countertops, generous cabinetry, a pantry, and a large island create a natural gathering place at the heart of the home. The owner's suite offers a private place to unwind, while three additional bedrooms leave plenty of flexibility for family, guests, a home office, or whatever fits your season of life. Out back, the covered patio opens to a fully sodded yard that's ready to enjoy as-is, or make completely your own. Add a firepit and conversation area, garden beds, a playset, or string lights and a dining table and turn it into the outdoor space you've been picturing. Set in Allen Farms with the convenience of South Lubbock nearby, this home gives you a great foundation with plenty of opportunity to make it feel like yours.

Investor Tools

$218,548Estimated Mortgage Balance
$26,164Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$261,821
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

Interested in this property?

Jason Riebe

WTX Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$519
$239,202
2025
$40,000
$199,202
$239,202
No

Tax History

Year
Tax Paid
Assessed Value
2024
$519
$239,202

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$223,839
Yes
First
Jan 28, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,548
$20,654
8%
90%
$1,343/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,643/mo
+$177/mo
9.0%

City: Lubbock

2301 150th St | Property Details | No Agent List