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$107,000

NAL Estimated Property Value

3117 Grinnell St, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths978 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.29 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
FlooringCarpet, Hardwood

Exterior

Lot Size7,288 sqft

Building Information

Year Built1950
Roof Type105

Land Information

APNR137579
Lot Number9
SubdivisionLone Star
Land UseResidential
Legal DescriptionLONE STAR BLK 7 L 9
Census Tract000304
Assessed Land Value$15,500
Assessed Improvement Value$75,215
Assessment Year2025

About this property

Live in the lap of modern updates and conveniences in a classic Lubbock neighborhood. This home boasts some of the most cutting-edge design styles in colors, fixtures, and accents! Three spacious bedrooms, an efficient and modern kitchen and dining space, huge front porch, super-close proximity to Wolffarth elementary (with playground) are among the list of amazing features of this home! Also, the updates include: some New Windows, completely updated bathroom with new and refurbished fixtures, a new kitchen, authentic refinished hardwood floors, and an updated HVAC system. This home is ready for a new owner to call it home. Call for an appointment today.

Investor Tools

Property Icon
$107,000
Estimated Property Value
$68,385Estimated Mortgage Balance
$38,615Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$642 /month
Positive
Cash Flow Estimate:
$214 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$781
$90,715
2025
$15,500
$75,215
$90,715
No

Tax History

Year
Tax Paid
Assessed Value
2024
$781
$90,715

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Unknown
$79,816
No
First
Mar 4, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,385
$38,615
36%
64%
$479/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$479/mo
+$946/mo
16.0%

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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3117 Grinnell St | Property Details | No Agent List