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$551,000

NAL Estimated Property Value

3001 County Road 7510, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.8 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave
FlooringCarpet, Tile

Exterior

Lot Size43,517 sqft

Building Information

Year Built2009
Roof Type105
Garage Spaces2

Land Information

APNR308145
Lot Number410
SubdivisionTimber Ridge
Land UseResidential
Legal DescriptionTIMBER RIDGE L 41
Census Tract010512
Assessed Land Value$28,000
Assessed Improvement Value$492,451
Assessment Year2025

About this property

New Carpet throughout!! Room to roam!!! * 1 acre corner lot in Timber Ridge on the outer eastern edge of the subdivision * Custom built 4/3/2 home built in 2009 by Edge Homes * Formal dining (currently used as an office) * Large isolated master suite w/ separate shower and tub * 2nd isolated bedroom w/ its own bathroom * Jack and Jill bath between 3rd and 4th bedrooms * Lots of extra parking * 20 x 40 insulated workshop * Mature landscaping including trees, flower beds with concrete curbing * Accent boulders in the front yard * Bricked well house * 2 wells on property * Fenced backyard * Storm shelter in garage floor! Lubbock Cooper ISD!

Investor Tools

Property Icon
$551,000
Estimated Property Value
$373,324Estimated Mortgage Balance
$177,676Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,306 /month
Positive
Cash Flow Estimate:
$1,102 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$772/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,509
$520,451
2025
$28,000
$492,451
$520,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,509
$520,451

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$388,500
No
First
Mar 26, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,324
$177,676
32%
68%
$2,330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,330/mo
$-510/mo
4.0%

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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3001 County Road 7510 | Property Details | No Agent List