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$575,000

305 Wayne Avenue, Lubbock, TX, 79416

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,705 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.21 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Refrigerator, Warming Drawer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Outdoor Kitchen
Lot Size12,500 sqft

Building Information

Year Built1982
Roof Type112
Garage Spaces2

Land Information

APNR110842
Lot Number230
SubdivisionWhisperwood
Land UseResidential
Legal DescriptionWHISPERWOOD L 23
Census Tract000411
Assessed Land Value$45,750
Assessed Improvement Value$551,969
Assessment Year2025

About this property

Whisperwood Beauty... NEW PRICE and NEW CARPET throughout the first floor! Personality, STYLE and Function come together in this EXCEPTIONAL home located in one of the best neighborhoods in Lubbock Texas! ENTERTAINING just comes naturally here starting with the remodeled KITCHEN...double ovens, warming drawer, two sinks, GAS cooktop, Subzero refrigerator/freezer~ Step out to the 'secret garden' for that first cup of morning coffee! Striking double front door invites you inside...your eyes will be drawn straight ahead to stunning LEADED glass doors opening into a GATHERING room...wood flooring, handsome bar area, windows to the inviting OUTDOOR LIVING spaces~ The formal LIVING AREA is on the front of the home...spacious with an incredible double-side FIREPLACE~ Cozy DEN and half bath round out this space~ Classic DINING AREA is ready for your next special occasion! Primary Suite is on the first floor of the home featuring TWO CLOSETS and ensuite bath...separate shower, expansive vanity, two sinks and a fabulous built-in BENCH~ Upstairs is an impressive suite offering privacy and some of the best VIEWS...living space, built-in desk, FIFTH BEDROOM and bath~ This space would also make a fabulous PRIMARY SUITE! Three additional bedrooms are on the north wing of the home...one is a perfect GUEST SUITE, opening to a patio with access to a carport, electronic gate, paved alley~ Versatile BASEMENT with built-ins~ Outdoor living and ENTERTAINING SPACE is second to none...grand magnolia tree, KOI POND, outdoor KITCHEN, multiple seating areas and HOT TUB~ The neighborhood offers green spaces, POOL, tennis, pickleball..so convenient to Texas Tech and medical facilities . This one is SPECIAL...WELCOME HOME!

Investor Tools

Property Icon
$597,719
Estimated Property Value
$0Estimated Mortgage Balance
$597,719Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,586 /month
Positive
Cash Flow Estimate:
$1,195 /month

Interested in this property?

Joy Daniel

WestMark Companies

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$720/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,651
$597,719
2025
$45,750
$551,969
$597,719
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,651
$597,719

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$597,719
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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305 Wayne Avenue | Property Details | No Agent List