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$217,000

NAL Estimated Property Value

3407 Pontiac Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.49 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces2

Land Information

APNR308677
Lot Number350
SubdivisionMilwaukee Ridge
Land UseResidential
Legal DescriptionMILWAUKEE RIDGE L 35
Census Tract010419
Assessed Land Value$19,797
Assessed Improvement Value$181,030
Assessment Year2025

About this property

Wonderful 3-2-2 home with open floor plan and isolated master. Built by Betenbough in 2007 Upgrades include: Granite countertops and upgraded cabinets in kitchen, rounded corners through entire house, recently upgraded shower with subway tile walls, river stone floor, with a Frameless glass door. Two master walk-in closets. Covered back porch of stained concert and flagstone for extra outdoor living area. HOA with neighborhood pool, tennis courts, basketball courts, park, and Neighborhood Watch Program. Beautifully landscaped front and back yard with in-ground sprinklers and drip system. Smoke-free home. Wood burning fireplace. Great neighborhood area on upcoming Milwaukee, the only sex offender free neighborhood in Lubbock! Be within 1 mile of the new West End shopping center and multiple new shopping centers down Milwaukee. Owner is a Texas Licenses Real Estate Agent.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$136,208Estimated Mortgage Balance
$80,792Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,165
$200,827
2025
$19,797
$181,030
$200,827
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,165
$200,827

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$151,182
No
First
Mar 22, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,208
$80,792
37%
63%
$907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,157/mo
+$268/mo
7.9%

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.

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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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3407 Pontiac Ave | Property Details | No Agent List