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$213,000

NAL Estimated Property Value

2908 Waverly Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,573 Sq Ft
price_per_sqft$136.68 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size4,250 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR339208
Lot Number4940
SubdivisionUpland Crossing
Land UseResidential
Legal DescriptionUPLAND CROSSING L 494
Census Tract010402
Assessed Land Value$30,000
Assessed Improvement Value$178,801
Assessment Year2025

About this property

This is the kind of house that works the way people actually live. The main space stays open, so you're not stuck in the kitchen while everyone else hangs out somewhere else. The oversized island ends up being where everything happens—meals, conversations, late-night snacks, and the random pile of stuff you swear you'll put away later. There's plenty of storage in the kitchen, so it stays functional without feeling packed in. The primary bedroom is set off on its own, which makes a bigger difference than you'd think once the day finally slows down. The other two bedrooms are easy to use however you need them, without awkward layouts or wasted space. Out back, the yard is genuinely big—room for dogs, projects, or doing absolutely nothing—and the covered porch gives you a reason to step outside even when the weather isn't perfect. Built in 2021, everything still feels current, clean, and low-maintenance. Add a two-car garage and a layout that makes sense, and you've got a home that's easy to move into and easy to live in—no fluff, no forcing it.

Investor Tools

Property Icon
$213,000
Estimated Property Value
$180,269Estimated Mortgage Balance
$32,731Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,821
$208,801
2025
$30,000
$178,801
$208,801
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,821
$208,801

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Open End Mortgage / Open End With Future Advance Clause
$188,006
No
First
Oct 12, 2021
Oct 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,269
$32,731
15%
85%
$1,185/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,185/mo
+$240/mo
8.0%

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: Lubbock

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2908 Waverly Ave | Property Details | No Agent List