$320,000
3018 113th Street, Lubbock, TX, 79423
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDishwasher, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s)
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesPrivate Yard
Lot Size6,292 sqft
Building Information
Year Built2016
Roof Type105
Garage Spaces2
Land Information
APNR324642
Lot Number1620
SubdivisionCooper Ridge
Land UseResidential
Legal DescriptionCOOPER RIDGE L 162
Census Tract010511
Assessed Land Value$30,000
Assessed Improvement Value$301,887
Assessment Year2025
About this property
A breathtaking home with character, charm, and amazing use of space. The home features tall ceilings throughout, amazing curb appeal, and four spacious bedrooms including an isolated master suite with walk-in closet and access to the utility room. The kitchen is open and spacious with incredible butcher block counters and a granite island accent. open to a warm inviting living room with vaulted ceiling. Whether you are entertaining or relaxing this home is an absolute gem.
Investor Tools
$124,744Estimated Mortgage Balance
$207,143Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,991 /month
Positive
Cash Flow Estimate:
$664 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,655
$331,887
2025
$30,000
$301,887
$331,887
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,655
$331,887
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Texas Bank
Conventional
$144,000
No
First
Aug 23, 2019
Sep 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,744
$207,143
62%
38%
$864/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$864/mo
+$956/mo
6.6%
