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$279,000

3305 79th Street A, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,368 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$71.75 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Double Oven, Dishwasher, Electric Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Lot Size3,756 sqft

Building Information

Year Built1984
Roof Type105
Garage Spaces2

Land Information

APNR137300
Lot Number3195
SubdivisionMelonie Gardens
Land UseResidential
Legal DescriptionMELONIE GARDENS E35.05'OF L319
Census Tract002102
Assessed Land Value$5,967
Assessed Improvement Value$239,546
Assessment Year2025

About this property

Fabulous Townhome in a Super Central Location! Prepare to be wowed as soon as you enter the courtyard...unassuming exterior that is maintenance free...metal roof, aluminum siding & artificial turf out front~ Courtyard is set for outdoor living with an Awning Pergola & 7' Privacy Fence on Concrete Footing~ This home has been Renovated & Styled to the Max! Spacious Living Area with Planked Ceiling & Tile Flooring...off the living area is an Office Space or Sitting Area with Courtyard View~ Yummy Master Suite with Fireplace & Beautiful Bath...Large Shower with Body Jets & Jetted Tub with Light Therapy! Kitchen features Quartz Countertops, Glass Tile Backsplash & Double Ovens~ Dining Area with Impressive Soaring Ceiling~ Upstairs is an Entire Living Space...Bedroom with Ensuite Bath, Living Area, & Gameroom or Home Office~ Plantation Shutters~ This is an Amazing One of a Kind Home...don't let it Slip Away!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$0Estimated Mortgage Balance
$150,104Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,385
$245,513
2025
$5,967
$239,546
$245,513
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,385
$245,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Fha
$166,822
Yes
First
Oct 9, 2015
Nov 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,896
$150,104
53%
46%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,110/mo
N/A
+$1,110/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: Lubbock

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3305 79th Street A | Property Details | No Agent List