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$562,000

NAL Estimated Property Value

3009 County Road 7510, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,631 Sq Ft
price_per_sqft$129.23 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Microwave, Range

Exterior

Lot Size1.15 acres

Building Information

Year Built2009
Roof Type105
Garage Spaces2

Land Information

APNR308141
Lot Number370
SubdivisionTimber Ridge
Land UseResidential
Legal DescriptionTIMBER RIDGE L 37
Census Tract010512
Assessed Land Value$28,000
Assessed Improvement Value$451,328
Assessment Year2025

About this property

Looking for acreage AND a shop! Look no further! Beautiful 3 bedroom, 2.5 bathroom home with office, gameroom & large shop! Located on approximately 1-acre, you will appreciate the open-concept floorplan & high celings as you enter this charming home. Large living room offers vinyl plank flooring, tray ceiling with crown molding & corner stone fireplace. Kitchen features granite countertops, stainless appliances, double ovens, island, breakfast bar & abundant storage. Spacious second living area makes a perfect media or gameroom. Isolated master suite features an on-suite bathroom with double vanities, jetted tub, separate shower & large walk-in closet. Isolated office makes the perfect home work space. Large back patio makes perfect outdoor living space. 20x30 insulated shop is the perfect place for the home hobbyist! All of this plus no city of Lubbock taxes & Cooper ISD!

Investor Tools

Property Icon
$562,000
Estimated Property Value
$271,073Estimated Mortgage Balance
$290,927Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$741/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,081
$479,328
2025
$28,000
$451,328
$479,328
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,081
$479,328

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$307,000
No
First
May 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,073
$290,927
51%
48%
$1,841/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,841/mo
$-291/mo
3.3%

City: Lubbock