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B+
NoAgentList RatingHow are grades calculated? Info

$330,000

3203 Kelsey Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,807 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$330,000
Estimated Property Value
$202,268Estimated Mortgage Balance
$159,841Estimated Equity
39% 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

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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%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3203 Kelsey Ave | Property Details | No Agent List