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$1,618,280

NAL Estimated Property Value

308 Palomino Dr, Lubbock, TX, 79404

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,769 Sq Ft
price_per_sqft$272.59 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesInstant Hot Water, Tankless Water Heater

Exterior

Exterior FeaturesBarbecue, Outdoor Grill, Rain Gutters

Building Information

Year Built2014
Roof Type105
Garage Spaces8

Land Information

APNR325822
Lot Number3080
SubdivisionBuffalo Lake
Land UseResidential
Legal DescriptionBUFFALO LAKE L 308 308A & W/2 OF 307
Census Tract010700
Assessed Improvement Value$1,618,280
Assessment Year2025

About this property

Here we go!!! Welcome to the Estate at Buffalo Springs Lake with 4 bedroom 5 bath 8 garage spaces. Totally fenced in with all the lake & canyon views this home has it all, even the elevator in the garage! This will be the perfect opportunity to finish the home to your preference. Schedule your private showing today!

Investor Tools

Property Icon
$1,618,280
Estimated Property Value
$1,023,240Estimated Mortgage Balance
$595,040Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,710 /month
Positive
Cash Flow Estimate:
$3,237 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,440
$1,618,280
2025
N/A
$1,618,280
$1,618,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34,440
$1,618,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$1,040,000
No
First
Jun 19, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,023,240
$595,040
36%
63%
$6,236/mo

City: Lubbock