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$325,650

NAL Estimated Property Value

3611 Knoxville Dr, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.82 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan
FlooringVaries

Exterior

Exterior FeaturesStorage
Lot Size9,605 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APNR51817
Lot Number2890
SubdivisionMelonie Park South
Land UseResidential
Legal DescriptionMELONIE PARK SOUTH L 289 & W5' OF 290
Census Tract001904
Assessed Land Value$27,200
Assessed Improvement Value$298,450
Assessment Year2025

About this property

Looking for a home with plenty of space to entertain? Well look no more! This stunning home in Melonie Park South, offering over 3,300 square feet of fully remodeled living space on a corner lot, that blends comfort, style, and versatility. Featuring 3 spacious bedrooms and 2 beautifully updated bathrooms, this residence is designed for those who love to entertain and relax in equal measure. As you arrive, you're greeted by an updated private front courtyard—an ideal spot to enjoy your morning coffee or unwind in the evening. Step inside to a massive living and dining area with rich, warm tones and a stunning all-brick fireplace that anchors the space with character and charm. The bright and airy kitchen has been thoughtfully updated with brand-new granite countertops, freshly painted wood cabinetry, and updated flooring. Just off the kitchen, a large bonus room offers endless possibilities—it can function as a home office, game room, or even accommodate a pool table setup. The primary suite is a dream, featuring a completely renovated ensuite bath with a spacious walk-in shower. The additional bedrooms are generously sized and freshly painted, with brand-new carpet throughout. Downstairs, you'll find a finished basement that serves as your very own private movie theater—perfect for hosting friends and family. The home also includes major system upgrades such as a new sewer line and updated electrical, ensuring peace of mind for years to come. Surrounded by mature live oak trees, this property offers natural beauty and shade, while the neighborhood amenities, including a community pool and park, add to the overall experience. This one-of-a-kind home combines elegance and functionality in one of Lubbock's most sought-after neighborhoods—schedule your private tour today.

Investor Tools

Property Icon
$325,650
Estimated Property Value
$315,863Estimated Mortgage Balance
$9,787Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
$179/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$325,650
2025
$27,200
$298,450
$325,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$325,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Fha
$319,113
Yes
First
Oct 15, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,863
$9,787
3%
97%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$2,093/mo
$-543/mo
5.7%

City: Lubbock

3611 Knoxville Dr | Property Details | No Agent List