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$450,000

3408 94th Street, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,475 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.5 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Double Oven, Gas Cooktop, Microwave, Oven, Stainless Steel Appliance(s), Water Softener Owned
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesNone
Lot Size9,900 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APNR93777
Lot Number6160
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 616
Census Tract010504
Assessed Land Value$14,400
Assessed Improvement Value$447,681
Assessment Year2025

About this property

Located in the wonderful, mature Raintree area, this spacious home offers great curb appeal and plenty of room to enjoy everyday living as well as entertaining.. Features include a large living area with a fireplace and built-in bookshelves, a formal dining room, and an updated kitchen with stainless steel appliances and a gas cooktop. The isolated primary suite features a beautiful bath area, and the home also includes an office, basement, sunroom, and covered patio. With 4 bedrooms and 3 baths, there is plenty of space for comfortable living and entertaining. A storage shed adds extra convenience. This eye-catching home is a must-see — call us today!

Investor Tools

$317,082Estimated Mortgage Balance
$158,918Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,856 /month
Positive
Cash Flow Estimate:
$952 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,732
$462,081
2025
$14,400
$447,681
$462,081
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,732
$462,081

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$344,000
No
First
Mar 7, 2022
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,082
$158,918
33%
67%
$2,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,063/mo
$-243/mo
4.6%

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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3408 94th Street, Lubbock, TX 79423 | Property Details | No Agent List