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$785,000

3508 150th St, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths4,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.8 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesBuilt-In Refrigerator, Cooktop, Dishwasher, Disposal, Double Oven, Electric Oven, Microwave, Oven, Trash Compactor
FlooringCarpet, Plank, Tile

Exterior

Exterior FeaturesPlayground, Storage
Lot Size1.08 acres

Building Information

Year Built1992
Garage Spaces3

Land Information

APNR36847
Lot Number10580
Land UseResidential
Legal DescriptionBLK AK SEC 3 AB 188 TR 59 OF NE/4 INDIANA SOUTH ACS: 1.08
Census Tract010512
Assessment Year2025

About this property

Nestled on a beautifully landscaped, tree-filled lot, this exceptional custom home offers timeless elegance, generous living space, and room to enjoy both indoors and out. A dramatic two-story entry welcomes you inside, where soaring ceilings, abundant natural light, plantation shutters, rich wood flooring, crown molding, and multiple fireplaces create a warm and inviting atmosphere. The thoughtfully designed floor plan features spacious living and dining areas, a dedicated home office, and a well-appointed kitchen with granite countertops, a center island, generous cabinetry, and a bright breakfast area overlooking the backyard. Built-in cabinetry and quality finishes throughout reflect the home's craftsmanship and attention to detail. The expansive finished basement provides incredible flexibility with endless possibilities for a media room, game room, fitness space, or additional gathering area. Step outside to an expansive covered brick patio designed for entertaining or relaxing while taking in the incredible backyard. The beautifully maintained grounds offer mature trees, lush landscaping, wide-open green space, and room to enjoy every season. A large detached shop provides abundant space for hobbies, storage, projects, or additional workspace. With a circular drive, impressive curb appeal, and a setting that feels like your own private retreat, this is a rare opportunity to own a truly special property.

Investor Tools

$0Estimated Mortgage Balance
$824,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,944 /month
Positive
Cash Flow Estimate:
$1,648 /month

Interested in this property?

Toni Burns

Exit Realty of Lubbock

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,290
$712,208
2025
N/A
N/A
$896,931
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,290
$712,208

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$824,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
N/A
+$1,820/mo
2.7%

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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