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$234,000

NAL Estimated Property Value

2505 County Road 7835, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,106 Sq Ft
price_per_sqft$122.33 / sqft
Year BuiltBuilt in 2010

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size1.18 acres

Building Information

Year Built2001

Land Information

APNR171752
Lot Number520
SubdivisionKottonpatch
Land UseResidential
Legal DescriptionKOTTONPATCH L 52
Census Tract010514
Assessed Land Value$13,000
Assessed Improvement Value$60,554
Assessment Year2025

About this property

Just south of Lubbock right off of 130th St there are 5 acres with a large shop just waiting for you! The property has a 3 bed room 2 bathroom single wide mobile home that is in the process of being remodeled with a covered deck off the front and back, a 3200 sqft shop. There is a large overhang on the side of the shop to park more vehicles or equipment under. Behind the house there are animal stalls for whatever livestock you would like to raise. Perfect country living just minutes from town!

Investor Tools

Property Icon
$234,000
Estimated Property Value
$15,372Estimated Mortgage Balance
$218,628Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$34,964
2025
$13,000
$60,554
$73,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$34,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kody Kothmann 1992 Irrevocable Trust
Unknown
$74,000
No
First
Jun 3, 2013
Jun 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,372
$218,628
93%
7%
$0/mo

City: Lubbock