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$314,000

NAL Estimated Property Value

2511 Madison St, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,863 Sq Ft
price_per_sqft$161.03 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesLighting
Lot Size15,066 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APNR169522
Lot Number280
SubdivisionHillcrest South
Land UseResidential
Legal DescriptionHILLCREST SOUTH L 28
Census Tract000201
Assessed Land Value$19,800
Assessed Improvement Value$194,467
Assessment Year2025

About this property

This charming 3-bedroom, 2-bathroom home is perfectly situated on an oversized, beautifully landscaped lot and offers the ideal balance of comfort and functionality. The open-concept layout is made for entertaining, featuring a spacious kitchen with a center island, walk-in pantry, and ample storage throughout. The isolated master suite creates a peaceful retreat, while the generously sized secondary bedrooms offer comfort and privacy—one even includes a secure safe closet for added peace of mind. Step outside and enjoy your very own backyard oasis, complete with a tranquil covered patio, a fully bricked workshop with electricity, and a board-on-board privacy fence for maximum seclusion. Additional features include: Epoxy-coated garage floors Extra parking pad Access to exclusive community amenities including a pool, golf course, and clubhouse This home truly has it all—schedule your private showing today and make Hillcrest your forever home!

Investor Tools

Property Icon
$314,000
Estimated Property Value
$281,255Estimated Mortgage Balance
$32,745Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,579
$214,267
2025
$19,800
$194,467
$214,267
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,579
$214,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$285,000
No
First
Aug 5, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,255
$32,745
10%
90%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,709/mo
$-284/mo
5.4%

City: Lubbock

2511 Madison St | Property Details | No Agent List