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$248,354

NAL Estimated Property Value

3507 Saratoga Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,760 Sq Ft
price_per_sqft$127.84 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Gas Water Heater
FlooringCarpet, Concrete, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard, Playground
Lot Size6,224 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR327952
Lot Number3970
SubdivisionMilwaukee Ridge
Land UseResidential
Legal DescriptionMILWAUKEE RIDGE L 397
Census Tract010419
Assessed Land Value$18,672
Assessed Improvement Value$229,682
Assessment Year2025

About this property

Welcome to this Frenship ISD gem. This 3-bedroom, 2-bathroom home nestled in a quiet, well-established neighborhood. Designed with comfort and functionality in mind, the home features a bright open-concept layout that seamlessly connects the living, dining, and kitchen areas—perfect for both everyday living and entertaining. The spacious primary bedroom offers a private retreat with an en-suite bathroom. Master bathroom features a deep tub, stand-in shower, and two separate sinks and vanities. While two additional bedrooms provide flexibility for guests, a home office, or growing needs. Natural light fills the home, bringing warm and welcoming atmosphere throughout. Enjoy peaceful surroundings with the convenience of nearby amenities, making this home an ideal blend of tranquility and modern living. Don't miss the opportunity to make this beautifully laid-out home your own.

Investor Tools

Property Icon
$248,354
Estimated Property Value
$151,865Estimated Mortgage Balance
$96,489Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,490 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$28/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,988
$248,354
2025
$18,672
$229,682
$248,354
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,988
$248,354

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Unknown
$179,685
No
First
Sep 6, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,865
$96,489
38%
61%
$1,078/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,106/mo
+$319/mo
6.9%

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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3507 Saratoga Ave | Property Details | No Agent List