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$425,000

33 W Lakeshore Drive, Ransom Canyon, TX, 79366

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,027 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.67 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s)
FlooringCeramic Tile, Luxury Vinyl

Exterior

Exterior FeaturesBalcony, Barbecue, Built-in Barbecue, Courtyard, Gas Grill, Lighting, Outdoor Grill, Private Entrance, Private Yard, Storage
Lot Size6,708 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces550

Land Information

APNR109618
Lot Number20
SubdivisionLake Ransom Canyon
Land UseResidential
Legal DescriptionLAKE RANSOM CANYON BLK 20 L 2
Census Tract010700
Assessed Land Value$13,416
Assessed Improvement Value$381,769
Assessment Year2025

About this property

Canyon Living at it's finest! Experience resort-style living in this beautifully updated 2 bedroom 2.5 baths plus oversized 2 car garage nestled within the private community of Ransom Canyon. Located a short drive of 6 miles east of Lubbock. This exceptional property features fabulous rear views overlooking the natural beauty of the canyon, where rolling hills, mature trues and peaceful surrounding create a true oasis unlike anywhere else in West Texas. Completely updated and move-in ready, this home offers the perfect blend of comfort, style, and an active outdoor lifestyle. An open concept floor plan with quality construction evident throughout will captivate even the hard to please buyers. Residents enjoy access to an incredible array of private amenities, including* A private lake for water sports of all kinds, fishing, kayaking, jet skiing and just hanging out on the lake. A unique party island with a pool and community Ranch House perfect for family gatherings and meeting new friends and neighbors. There is a children's park, playground and library. The park also has tennis and racket ball courts plus biking and hiking opportunities. Whether you're looking for a full time residence or a weekend retreat this home offers an unparalleled lifestyle in one of the most sought after communities. Come see what it is all about "Where every day feels like a vacation and nature is right outside your back door!"

Investor Tools

Property Icon
$421,000
Estimated Property Value
$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Phyliss Lutrick

Berkshire Hathaway HomeService

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$906/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,766
$395,185
2025
$13,416
$381,769
$395,185
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,766
$395,185

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$60/mo
+$1,610/mo
4.8%

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: Ransom Canyon

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33 W Lakeshore Drive, Ransom Canyon, TX 79366 | Property Details | No Agent List