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$478,000

324 Quinlan St, Lubbock, TX, 79403

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size4 acres

Building Information

Year Built2017
Roof Type112
Garage Spaces6

Land Information

APNR329300
Land UseResidential
Legal DescriptionBLK D SEC 34 AB 858 S566.57' OF TR 12 FERGUSON TRS ACS: 4.00
Census Tract010201
Assessed Land Value$56,000
Assessed Improvement Value$270,310
Assessment Year2025

About this property

Great barndominium built in 2018. This 50 ft x 100ft. As you walk up to the barndominium, you are welcomed with the 70 foot covered porch. There is a small area that is fenced just off the front door. The living area is very nice and is 2000 sqft. with 2 bedroom, 2 bath, open concept home. The house has a large living area & kitchen with quartz counter tops. There is a big island and can sit 6 people comfortable. The Appliances will stay. There is a large pantry with plenty of room. The master bedroom is isolated and spacious. Large master bath with marble counter tops, gorgeous walk-in shower. The closet connects with the laundry room. The other bedroom is isolated with a walk-in closet. There is a small office by the back door going to the shop. You must see the shop, it has two garage doors making it easy to drive through. It has a bath room and extra storage room. The property sits on 4 acres. A must see!

Investor Tools

Property Icon
$478,000
Estimated Property Value
$297,500Estimated Mortgage Balance
$217,686Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,546
$326,310
2025
$56,000
$270,310
$326,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,546
$326,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$297,500
No
First
Oct 29, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,314
$217,686
45%
54%
$1,255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$1,255/mo
$-238/mo
2.6%

Learn About the Market: Opportunity in Texas

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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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324 Quinlan St | Property Details | No Agent List