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$465,000

3263 Quail Rd, Lubbock, TX, 79407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,962 Sq Ft
price_per_sqft$237 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesDog Run
Lot Size13.38 acres

Building Information

Year Built2020
Garage Spaces2

Land Information

APN86514
Land UseResidential
Legal DescriptionPSL, (PEELER), BLK D, SEC 3 & 8, TR 6, AB319, ACRES 13.375
Census Tract950600
Assessed Land Value$80,750
Assessed Improvement Value$295,210
Assessment Year2025

About this property

Country living meets functionality on this 13.37 acre horse ready property! Built in 2019, this one owner 3 bed, 2 bath home offers almost 2,000 sq ft of space AND an oversized 2-car garage. Designed with horse owners in mind, the property features horse pens, shelter, feed and tack shed, a riding arena with water line, and ~5 acres of fenced pasture. The 120-ft deep well produces approximately 15.8 GPM, supporting both home and land along with the sprinkler system in the front yard. Recent upgrades include a brand new roof and a 5-ton furnace. Step out to a patio overlooking the arena, perfect for entertaining or catching a West Texas sunset! Don't forget about the fenced dog run in the back. Plenty of space, move-in ready, and mass opportunity including agricultural exemptions, USDA loans, and so much more!

Investor Tools

$187,817Estimated Mortgage Balance
$293,441Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

Interested in this property?

Saylor Carver

SSOLD Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,960
$375,960
2025
$80,750
$295,210
$375,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,960
$375,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$218,725
No
First
Apr 11, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,817
$332,183
63%
39%
$1,312/mo

City: Lubbock