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$338,000

NAL Estimated Property Value

3612 Pontiac Ave, Lubbock, TX, 79407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.05 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Concrete

Exterior

Lot Size7,275 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR308737
Lot Number940
SubdivisionMilwaukee Ridge
Land UseResidential
Legal DescriptionMILWAUKEE RIDGE L 94
Census Tract010419
Assessed Land Value$21,825
Assessed Improvement Value$267,348
Assessment Year2025

About this property

Need lots of room? This is the one for you!! 4/2/2/ with large bedrooms, large living room and huge double master closets * Master bath has double sinks, separate tub and shower * Formal dining * Separate breakfast area * Breakfast bar in kitchen * Open kitchen/breakfast/living area * Spacious kitchen w/ tons of cabinet space * Faux wood blinds throughout * Utility room w/ cabinets * Fenced backyard * Sprinkler system * Alarm system * Frenship ISD * Use of homeowners association pool in the summer!

Investor Tools

Property Icon
$338,000
Estimated Property Value
$173,051Estimated Mortgage Balance
$164,949Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
$336/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,842
$289,173
2025
$21,825
$267,348
$289,173
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,842
$289,173

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Franklin American Mortgage Co
Fha
$208,160
Yes
First
Feb 23, 2018
Mar 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,051
$164,949
48%
51%
$1,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,585/mo
+$87/mo
5.9%

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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3612 Pontiac Ave | Property Details | No Agent List