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$428,000

NAL Estimated Property Value

3103 County Road 7530, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,419 Sq Ft
price_per_sqft$164.94 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Dishwasher, Microwave
FlooringCarpet

Exterior

Lot Size1.24 acres

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR308203
Lot Number990
SubdivisionTimber Ridge
Land UseResidential
Legal DescriptionTIMBER RIDGE L 99
Census Tract010512
Assessed Land Value$28,000
Assessed Improvement Value$381,413
Assessment Year2025

About this property

Wide Open Spaces inside and out! Open concept home that sits on over an acre (apx 1.2 acres) in Cooper ISD. Spacious 4 bedroom/ 2 bath/ 2 dining rooms. The primary suite is isolated and spacious with views out to the back yard. The primary en-suite offers two sinks, separate soaking tub, shower and a large closet. The 4th bedroom has French doors and can also function as an office/ bonus room/ second living area. Storage is plentiful with several linen closets and walk in bedroom closets. Several shade trees dot the landscaping in the front and back yard. The long drive way is great for entertaining or playing and there is a turn around area for easy garage back out. Updates over the last couple of years include: Roof, Heating and Air Conditioner systems, Septic System, and some Appliances! As a bonus, currently there are no city taxes assessed on this home!!! Check out the virtual tour!

Investor Tools

Property Icon
$428,000
Estimated Property Value
$310,977Estimated Mortgage Balance
$117,023Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,034
$409,413
2025
$28,000
$381,413
$409,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,034
$409,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank Mortgage
Conventional
$338,000
No
First
Feb 22, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,977
$117,023
27%
73%
$2,027/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,027/mo
$-207/mo
5.1%

City: Lubbock

3103 County Road 7530 | Property Details | No Agent List