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$230,000

NAL Estimated Property Value

2302 Slide Rd Unit 10, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,531 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$114.3 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Lot Size4,760 sqft

Building Information

Year Built1980
Roof Type105
Garage Spaces2

Land Information

APNR72965
Lot Number100
SubdivisionCountry Place
Land UseResidential
Legal DescriptionCOUNTRY PLACE L 10
Census Tract001711
Assessed Land Value$40,000
Assessed Improvement Value$181,382
Assessment Year2025

About this property

Cozy townhome with private front entry patio and beautiful backyard patio areas with 3 big beautiful trees...Master downstairs with 2 bedrooms upstairs and a separate loft area which could be used in many ways. Refrigerator and washer/dryer included with the property.

Investor Tools

Property Icon
$230,000
Estimated Property Value
$180,729Estimated Mortgage Balance
$49,271Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,863
$221,382
2025
$40,000
$181,382
$221,382
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,863
$221,382

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank Southwest
Open End Mortgage / Open End With Future Advance Clause
$191,250
No
First
May 15, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,729
$49,271
21%
79%
$1,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$2,247/mo
$-822/mo
7.4%

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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2302 Slide Rd Unit 10 | Property Details | No Agent List