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$529,900

3816 128th St, Lubbock, TX, 79423

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,714 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.25 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Cooktop, Disposal, Double Oven, Dishwasher, Gas Cooktop, Gas Oven, Microwave, Stainless Steel Appliance(s), Gas Water Heater
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,042 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR345002
Lot Number3200
SubdivisionSolaris Estates
Land UseResidential
Legal DescriptionSOLARIS ESTATES L 320
Census Tract010512
Assessed Land Value$40,000
Assessed Improvement Value$502,180
Assessment Year2025

About this property

Welcome to 3816 128th Street in Lubbock—where thoughtful design meets modern luxury. This beautifully maintained home features a spacious primary suite complete with custom built-ins in the master closet, a private office nook with built-in cabinetry, and a spa-like bathroom showcasing a huge soaking tub and a walk-in shower with dual shower heads, including a rain feature. The chef's kitchen is a true showstopper, equipped with quartz countertops, an apron-front sink, under-cabinet lighting, a touchless faucet, and a professional-grade refrigerator/freezer paired with a 10-burner stove and double ovens. A walk-in pantry and a well-designed laundry room with abundant built-in storage add both convenience and functionality. Throughout the home, you'll find luxury vinyl plank flooring (no carpet), 8-foot doors, vaulted ceilings, designer lighting and hardware, and abundant natural light. The cozy brick fireplace anchors the living space, while a floor plug adds extra convenience. A standout bonus room with wood beams and expansive sliding glass doors opens to a covered patio—complete with an outdoor fireplace and string lighting—perfect for entertaining year-round. Step outside to your private backyard oasis. Additional highlights include a fully landscaped yard with automatic sprinklers and drip irrigation, an extra-tall privacy fence, a mudroom with built-ins, and a fully concrete alley leading to a 2-car garage with added hanging storage. The home also boasts energy-efficient spray foam insulation, a smart Ecobee thermostat with sensors throughout, a privately owned water softener, upgraded thermostat features, and custom blinds throughout. Located just down the street from the neighborhood park, this home combines comfort, efficiency, and upscale living in a prime Lubbock location.

Investor Tools

$307,553Estimated Mortgage Balance
$236,447Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,053/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,914
$542,180
2025
$40,000
$502,180
$542,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,914
$542,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premia Mortgage Llc
Conventional
$324,900
No
First
Jun 9, 2023
Jul 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,553
$236,447
43%
57%
$1,948/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,948/mo
$-128/mo
4.0%

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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3816 128th St | Property Details | No Agent List