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$215,000

3202 Wausau Ave, Lubbock, TX, 79407

$230,183 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,573 Sq Ft
price_per_sqft$136.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Microwave
FlooringLuxury Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,268 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR339392
Lot Number6730
SubdivisionUpland Crossing
Land UseResidential
Legal DescriptionUPLAND CROSSING L 673
Census Tract010402
Assessed Land Value$40,000
Assessed Improvement Value$180,625
Assessment Year2025

About this property

Built in 2022, this beautifully maintained home in Upland Crossing offers an open floor plan with 3 bedrooms, 2 bathrooms, and a 2-car garage. The living, dining, and kitchen areas flow seamlessly—perfect for entertaining or everyday living. Enjoy a spacious, fenced backyard with plenty of room to relax or play. Located in a fast-growing area of Lubbock, you'll have quick access to everything North and West Lubbock have to offer. Move-in ready and full of potential, this one is a must-see!

Investor Tools

$201,581Estimated Mortgage Balance
$19,044Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$230,183
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,324 /month
Positive
Cash Flow Estimate:
$441 /month

Interested in this property?

Taylor Stephens

Reside Real Estate Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,972
$220,625
2025
$40,000
$180,625
$220,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,972
$220,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$216,325
No
First
Sep 26, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,581
$19,044
8%
91%
$1,297/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,297/mo
+$128/mo
7.8%

City: Lubbock