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$444,000

NAL Estimated Property Value

3303 County Road 7550, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,457 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.07 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Concrete, Tile, Vinyl

Exterior

Lot Size1.00 acres

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR308246
Lot Number1410
SubdivisionTimber Ridge
Land UseResidential
Legal DescriptionTIMBER RIDGE L 141
Census Tract010512
Assessed Land Value$28,000
Assessed Improvement Value$393,993
Assessment Year2025

About this property

Customize your new home with a $4,000 painting allowance! This house is ready to become your new home! This 4 bedroom, 2.5 bath home boasts a formal dining room, large bedrooms and oversized closets just to name a few. This home offers outdoor living at its finest with a covered outdoor cooking area complete with ample counter space and a cooking sink, covered patio, hot tub, saltwater pool and is ready for the summer with an outdoor shower and a pergola complete with outdoor lighting. But the fun doesn't end there! The 40X40 shop is the perfect place for weekend projects! This huge shop is complete with electricity and is just what you have been searching for. It even comes complete with a loft and a half bath! The oversized driveway leaves plenty of room for extra parking. This home won't last long so call today for a private tour!

Investor Tools

Property Icon
$444,000
Estimated Property Value
$226,509Estimated Mortgage Balance
$217,491Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,664 /month
Positive
Cash Flow Estimate:
$888 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,224
$421,993
2025
$28,000
$393,993
$421,993
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,224
$421,993

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$257,600
No
First
Mar 18, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,509
$217,491
48%
51%
$1,545/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,545/mo
+$275/mo
4.9%

City: Lubbock

3303 County Road 7550 | Property Details | No Agent List