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$556,000

3806 123rd Street, Lubbock, TX, 79423

$596,652 ARVInfo
SoldInfo
7/1/26
Beds4 Beds
Baths3 Bath
Baths2,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.46 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, Double Oven, Exhaust Fan, Free-Standing Gas Range, Freezer, Gas Oven, Range Hood, Refrigerator, Stainless Steel Appliance(s)
FlooringLuxury Vinyl

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard
Lot Size9,037 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR307343
Lot Number1270
SubdivisionRavenwood
Land UseResidential
Legal DescriptionRAVENWOOD L 127
Census Tract010510
Assessed Land Value$44,000
Assessed Improvement Value$401,364
Assessment Year2025

About this property

LIMITED-TIME BUYER INCENTIVE! Qualified buyers may receive up to $12,000 in combined savings on Ventura Homes, including up to $7,500 in builder concessions plus up to $4,500 in lender credit when financing with Revolution Mortgage. Contact the listing agent for more details. Offer available until July 31.* Some homes are built to meet expectations. The Anaheim by Ventura Homes was designed to exceed them. Nestled within Brooke Heights and zoned to highly acclaimed Lubbock-Cooper ISD, this newly completed residence delivers a fresh perspective on luxury living, pairing bold architectural details with thoughtfully curated spaces that feel both elevated and inviting. Every finish, every sightline, and every room has been intentionally designed to create a home that lives as beautifully as it looks. The heart of the home is an unforgettable gathering space where soaring vaulted ceilings, warm textures, and abundant natural light set the tone. Anchoring it all is a designer kitchen that feels more custom estate than new construction, featuring expansive quartz surfaces, custom cabinetry, refrigerator and freezer columns, a statement vent hood, under-cabinet lighting, walk-in pantry, and an impressive 10-burner dual gas range with double ovens built for everything from weeknight dinners to holiday celebrations. While the home's main living spaces were created for connection, the private owner's retreat was designed for escape. Tucked away from the rest of the home, the suite offers vaulted ceilings, direct access to the outdoor living area, and a spa-inspired bath where thoughtful details transform everyday routines into something extraordinary. A soaking tub, oversized walk-in shower with dual shower heads, dedicated vanity space, and a beautifully appointed custom closet complete the experience. Flexibility is woven throughout the floorplan. Two spacious secondary bedrooms share a Jack-and-Jill bath, while a secluded guest suite with its own bath provides the perfect setting for visitors, extended family, or multigenerational living. A dedicated office offers a quiet place to focus, while an additional bonus room creates endless opportunities for a media lounge, game room, playroom, or private retreat. Step outside and discover one of the home's most impressive features. Designed to blur the lines between indoor and outdoor living, the expansive wraparound covered patio creates an atmosphere rarely found in West Texas. Centered around a corner fireplace and offering ample room to gather, unwind, and entertain, this outdoor space feels like an extension of the home itself. The oversized backyard provides abundant room for a future pool, creating even more possibilities for enjoying the space year-round. As with every Ventura Homes residence, beauty is matched by substance. Custom window treatments, designer lighting, extensive storage solutions, professional landscaping with sprinklers and drip irrigation, an oversized two-car garage, and Ventura Homes' builder warranty are all thoughtfully included. Located just moments from neighborhood parks, golf courses, H-E-B, premier shopping, and dining, The Anaheim represents everything buyers have come to expect from Ventura Homes: distinctive design, exceptional craftsmanship, and a commitment to creating homes that stand apart long after the front door closes behind you.

Investor Tools

Property Icon
$556,000
Estimated Property Value
$0Estimated Mortgage Balance
$168,571Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$596,651
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,479 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$793/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,732
$445,364
2025
$44,000
$401,364
$445,364
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,732
$445,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$392,000
No
First
Oct 16, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,429
$168,571
30%
70%
$2,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,351/mo
$-531/mo
3.9%

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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3806 123rd Street | Property Details | No Agent List