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$346,830

NAL Estimated Property Value

3370 Drill Stem, Levelland, TX, 79336

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,376 Sq Ft
price_per_sqft$164.4 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Gas Range, Microwave, Oven, Range Hood, Refrigerator, Water Softener, Water Softener Owned
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size3.50 acres

Building Information

Year Built2015
Garage Spaces1

Land Information

APN60875
Land UseResidential
Legal DescriptionBAYLOR CSL, LGE 31, O/O LAB 3, AB3, ACRES 3.500
Census Tract950200
Assessed Land Value$8,450
Assessed Improvement Value$338,380
Assessment Year2025

About this property

Wanting a turn-key homestead just 28 minutes from Texas Tech University and 25 minutes from University Medical Center? Well this is it! Just add you! Situated on 3.5 acres this property has it all -- with ZERO property restrictions and 25% mineral rights included. Meticulously maintained and updated throughout 2020-2026 this property is in true turn-key condition. The spacious 2-story main house and lovely 2-story guest house is an incredible setup for multi-generational living or supplemental income. Designed for practical everyday living, the main home, built in 2019, is not only well built but extremely well kept. Features include built-in water softener and filtration system, Rainbird irrigation in the front yard, a new AC unit (2024), new well pump (2024), double metal roofing on every structure by Walker Roofing (2024). The living area hosts a lovely propane gas-log fireplace (2024 - remote included) that serves as a practical backup heat source to any winter electrical outages. The living area flows into the dining and to an open kitchen featuring new backsplash (2026), quartz countertops, a large island, and farmhouse sink (new hardware 2025). The master/primary suite is on the main floor and includes a walk-in closet, walk-in shower and quartz countertops. Upstairs there are additional bedrooms (new carpet installed in 2025 by Brocks Carpet), a full bath (new shower/sink faucets 2025), and a large BONUS room that could serve as an extra bedroom, playroom or office. Downstairs, the finished basement provides additional living space and includes an under-stair storm shelter. The detached one-car garage features a fully decked and insulated attic, giving you tons of extra storage. One of the most special features of this property is the detached 2-story guesthouse. To call it charming would be an understatement. Built in 2013, this fully finished 3 bedroom, 1 bath guesthouse has served as a 5-star AirBnB to over 100 visitors within the past 4 years. With a new mini-split installed in 2024 and additional climate units, it creates the perfect setup for extended family and/or guests. With sunsets to die-for, the acreage is thoughtfully arranged for endless flexibility. Four fully fenced fields with multiple access gates, allow for a complete drive-around layout, five frost-free water hydrants, foam-insulated barn includes a large roll-up garage door and three additional steel entry doors. On the south side of the barn are two 12x12 horse stalls with swing gates, along with four 24x24 outdoor animal pens equipped with two OverEZ chicken coops, housing, solar lighting, 4x4 hog panels, and individual pass-through gates between pens. A greenhouse and raised garden beds make this property even more ideal for homestead living. A current flood determination is available and the property is NOT located within a FEMA Special Flood Hazard Area as INCORRECTLY stated on the property listing within some home sites.

Investor Tools

Property Icon
$346,830
Estimated Property Value
$0Estimated Mortgage Balance
$346,830Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,336
$346,830
2025
$8,450
$338,380
$346,830
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,336
$346,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$346,830
100%
0%
$0/mo

City: Levelland

3370 Drill Stem | Property Details | No Agent List