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$255,000

NAL Estimated Property Value

3208 Kelsey Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,973 Sq Ft
price_per_sqft$102.89 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size38,333 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APNR106549
Lot Number290
SubdivisionCheyenne Country Estates
Land UseResidential
Legal DescriptionCHEYENNE COUNTRY EST L 29
Census Tract010402
Assessed Land Value$19,200
Assessed Improvement Value$228,480
Assessment Year2025

About this property

Wonderful Cheyenne Country Estate Home with almost a 1 acre lot! Front vaulted ceiling living room with dining room, front cozy office, galley kitchen, back eating area, 2nd vaulted ceiling living room with brick fireplace, 2 car garage with small cellar, extra large back yard, storage shed, and more. Just needs your TLC to make it shine.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$201,209Estimated Mortgage Balance
$53,791Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,111
$247,680
2025
$19,200
$228,480
$247,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,111
$247,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$219,100
Yes
First
Jan 12, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,209
$53,791
21%
79%
$1,314/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,314/mo
+$111/mo
6.7%

City: Lubbock