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$510,000

3009 128th Street, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.84 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave, Stainless Steel Appliance(s), Water Softener
FlooringCarpet, Luxury Vinyl, Tile

Exterior

Exterior FeaturesDog Run, Lighting, Private Yard, Rain Gutters, Smart Irrigation
Lot Size41,410 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APNR324954
Lot Number850
SubdivisionBella Mia Estates
Land UseResidential
Legal DescriptionBELLA MIA ESTATES L 85
Census Tract010512
Assessed Land Value$37,500
Assessed Improvement Value$426,763
Assessment Year2025

About this property

Welcome home! Situated in the highly sought-after Bella Mia neighborhood, this 4-bed, 3-bath home spans over 2,600 square feet and sits on just under a fully fenced acre, featuring a 23x40 shop with electricity, insulation, and a 10x10 overhead door. Step inside to a kitchen with abundant storage, expansive granite countertops, and a huge island that separates it from the living area in this open-concept floor plan. Other highlights include a wine rack, built-in bar area, and a wood-burning fireplace perfect for chilly West Texas nights. The bill payers suite is a private sanctuary with a spacious primary bedroom, his-and-her counters and walk-in closets, a soaking tub, and a large shower—perfect for starting the day refreshed and relaxed. The three additional bedrooms are generously sized, each with its own walk-in closet. Two guest baths feature granite counters and a shower/tub combo. Off the entryway is a bonus room that can serve as a formal dining area, office, or game room. The backyard is a blank canvas, boasting a massive covered porch, a patio behind the shop, and a turfed dog run—ideal beginnings for an incredible outdoor space. With room for a pool, another shop, a casita, or all three, the possibilities are endless. This one won't last long—book your showing today!

Investor Tools

$323,765Estimated Mortgage Balance
$175,235Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

Interested in this property?

Shea Kerr

Reside Real Estate Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,678
$464,263
2025
$37,500
$426,763
$464,263
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,678
$464,263

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Conventional
$267,500
No
First
Apr 14, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,765
$175,235
35%
65%
$2,144/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,144/mo
$-324/mo
4.4%

City: Lubbock

3009 128th Street, Lubbock, TX 79423 | Property Details | No Agent List