$330,000
NAL Estimated Property Value3203 Kelsey Ave, Lubbock, TX, 79407
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop, Microwave
FlooringCarpet, Vinyl
Exterior
Lot Size38,700 sqft
Building Information
Year Built2002
Roof Type105
Garage Spaces431
Land Information
APNR165276
Lot Number240
SubdivisionCheyenne Country Estates
Land UseResidential
Legal DescriptionCHEYENNE COUNTRY EST L 24
Census Tract010402
Assessed Land Value$19,200
Assessed Improvement Value$301,182
Assessment Year2025
About this property
Check out this great 3/2/2 found on almost an acre in Cheyenne Country Estates. It is close to the amenities of the city, but far enough away to appreciate living in the country. The pride of ownership shows throughout this lovely home from the new vinyl plank and new carpet to the beautiful lawn and landscaping, this home does not disappoint. You will love the large bedrooms and the large walk around master closet. This home has so much to offer! Found in the highly sought after Frenship School District, this one is quite a find!
Investor Tools
$330,000
Estimated Property Value
$170,159Estimated Mortgage Balance
$159,841Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,702
$320,382
2025
$19,200
$301,182
$320,382
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,702
$320,382
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Fha
$202,268
Yes
First
Jul 6, 2018
Aug 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,159
$159,841
48%
52%
$1,213/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,213/mo
+$212/mo
5.2%
