$215,000
3202 Wausau Ave, Lubbock, TX, 79407
$230,183 ARV
On Market
Property Lead Type:
Must-SellAbsentee OwnerMove-In Ready
Highlights
Interior
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
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%
