Last 24 Hours
$52,760
NAL Estimated Property Value3129 Sparrow Road, Lubbock, TX, 79407
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size2.01 acres
Land Information
APN103933
Lot Number31
Land UseCommercial
Legal DescriptionBROWN FARMS, LOT 31, AB153, ACRES 2.01
Census Tract950600
Assessed Land Value$52,760
Assessment Year2025
About this property
This property sits on 2.01 acres with no restrictions. Great property to build or place a mobile home. The tranquility of country life awaits and close to Smyer School District. This area has sold all of the lots around it. Great opportunity awaits!!
Investor Tools
$52,760
Estimated Property Value
$24,146Estimated Mortgage Balance
$28,614Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$317 /month
Positive
Cash Flow Estimate:
$106 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$836
$52,760
2025
$52,760
N/A
$52,760
No
Tax History
Year
Tax Paid
Assessed Value
2025
$836
$52,760
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Viva Farms Llc
Purchase Money Mortgage
$25,729
No
First
Feb 3, 2023
Feb 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,146
$28,614
54%
46%
$155/mo
12.4%