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$589,452

NAL Estimated Property Value

3401 County Road 7660, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,676 Sq Ft
price_per_sqft$205.16 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave

Exterior

Lot Size1.03 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR345087
Lot Number1100
SubdivisionMagnolia Estates
Land UseResidential
Legal DescriptionMAGNOLIA ESTATES L 110
Census Tract010514
Assessed Land Value$60,000
Assessed Improvement Value$529,452
Assessment Year2025

About this property

Searching for your perfect oasis? Come Check out Magnolia Estates. This Beautiful community features Excellent Craftsmanship, Beautiful Sunsets and Spacious living to create Memories of a Lifetime. This large 4-bedroom home was designed to impress featuring a completely new look and vibe. Edge Homes knocked it out of the park with a Luxurious Butlers Panty, Dining Room and upgrades throughout--you will fall in love! Situated outside of the city limits keeps taxes low, well/septic, Cooper ISD.

Investor Tools

Property Icon
$589,452
Estimated Property Value
$428,364Estimated Mortgage Balance
$161,088Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,537 /month
Positive
Cash Flow Estimate:
$1,179 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,029/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,404
$589,452
2025
$60,000
$529,452
$589,452
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,404
$589,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Commercial
$440,800
No
First
Oct 24, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$428,364
$161,088
27%
73%
$2,643/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,643/mo
$-823/mo
3.7%

City: Lubbock

3401 County Road 7660 | Property Details | No Agent List