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$559,830

NAL Estimated Property Value

3703 County Road 7650, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,520 Sq Ft
price_per_sqft$222.22 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size1.04 acres

Building Information

Year Built2019
Roof Type105
Garage Spaces2

Land Information

APNR333371
Lot Number270
SubdivisionMagnolia Estates
Land UseResidential
Legal DescriptionMAGNOLIA ESTATES L 27
Census Tract010514
Assessed Land Value$60,000
Assessed Improvement Value$499,830
Assessment Year2025

About this property

Beautiful and Bright! This home in Magnolia Estates features acreage, a large 30x50 shop (plus a 10 x 50 overhang) and beautiful designer upgrades. This 4 Bedroom, 3 Bath home has 2 Eating Areas with a spacious open concept floor plan and lots of natural light. The master suite is large and isolated, a perfect relaxation space with double vanities, upgraded finishes, and great storage. The bedrooms have high-end carpet, large closets and lots of space. Outside of the home includes a large, fenced backyard, landscaping, and very clean shop with garage door access from the driveway. The backyard is massive with a perfect area for gathering under the covered patio and plenty of room to add a pool or a baseball field for the kids. Property has its own well and no city taxes. Sprinkler System is in the front and the back. If you time your showing right you'll see an incredible sunset on the front porch to the west. This is your new dream home! Schedule a showing today!

Investor Tools

Property Icon
$559,830
Estimated Property Value
$423,355Estimated Mortgage Balance
$136,475Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$887/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,842
$559,830
2025
$60,000
$499,830
$559,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,842
$559,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$448,000
No
First
May 1, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,355
$136,475
24%
76%
$2,686/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,686/mo
$-866/mo
3.9%

City: Lubbock

3703 County Road 7650 | Property Details | No Agent List