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$323,000

NAL Estimated Property Value

240 FM 1730, New Home, TX, 79331

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths7,866 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$316.55 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 5Bathrooms 5
AppliancesDisposal, Dishwasher, Microwave, Water Heater
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size140 acres

Building Information

Year Built2005
Garage Spaces3

Land Information

APN15112
Land UseResidential
Legal DescriptionNE/PT OF NE/4 SURVEY 97 BLK 12 GT RR 278
Census Tract950400
Assessment Year2024

About this property

Located just outside of Lubbock, Tx, only minutes from the city you will find this wonderful place, Trinity Ranch. This piece of West Texas Heaven enjoys spectacular sunrises and relaxing sunsets. The Ranch was designed as a horseman's dream but has many optional uses. Entering the private gated drive, you come to the main home. Grand entry invites you into some of the finest craftsmanship. Open design has full library, great room with vaulted ceiling, 3 fireplaces, basement/media room, 2 dining areas, gourmet kitchen, office, luxury master retreat, 2 balconies, a great place to call home. The 2nd home known as Bunkhouse has over 2300sqft, sleeps up to 10 people, ideal for guest outings. Barn has 6 shelter paddocks with easy water and feeding, workshop, feed room, great tack room, & one bed efficiency home. Hay barn is separate plus riding arena 100 x 200 dustless riding surface. 45 ft tall walls, ideal for multi-use center. 4 separate pastures, pipe and cable fencing.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$0Estimated Mortgage Balance
$323,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,940 /month
Positive
Cash Flow Estimate:
$4,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$7,716/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$90,976
N/A
2024
N/A
N/A
$6,828,080
No

Tax History

Year
Tax Paid
Assessed Value
2022
$90,976
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$323,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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: New Home

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240 FM 1730 | Property Details | No Agent List