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$382,000

NAL Estimated Property Value

2411 W Division St, Slaton, TX, 79364

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.45 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size33,106 sqft

Building Information

Year Built1961
Roof Type114
Garage Spaces2

Land Information

APNR52781
Lot Number9100
Land UseResidential
Legal DescriptionBLK 24 SEC 37 AB 1212 TR 9A AC: .76
Census Tract010700
Assessed Land Value$10,640
Assessed Improvement Value$181,255
Assessment Year2025

About this property

Back on the market due to non perfomance of buyer. No fault of property or seller. Convenient country living just outside Lubbock. This well maintained family homestead sits on 1.5 acres. Both front and back yards are fully irrigated. Attached 25x23 shop with 2 overhead doors. 13x10 cellar underneath garage. Covered RV parking and storage shed. Recent roof 2/2024.

Investor Tools

Property Icon
$382,000
Estimated Property Value
$268,863Estimated Mortgage Balance
$113,137Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,557
$191,895
2025
$10,640
$181,255
$191,895
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,557
$191,895

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Fha
$278,885
Yes
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,863
$113,137
29%
70%
$1,673/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$1,673/mo
$-213/mo
4.6%

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.

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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: Slaton

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2411 W Division St | Property Details | No Agent List