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$695,000

3922 138th Street, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.8 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Refrigerator, Cooktop, Dishwasher, Disposal, Double Oven, Gas Cooktop, Instant Hot Water, Microwave
FlooringCarpet, Plank, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Gas Grill, Lighting, Private Yard
Lot Size9,838 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR326408
Lot Number240
SubdivisionEnclave At Kelsey Park
Land UseResidential
Legal DescriptionENCLAVE AT KELSEY PARK L 24
Census Tract010512
Assessed Land Value$70,000
Assessed Improvement Value$478,416
Assessment Year2025

About this property

Welcome to this exceptional custom-built home in the highly desired Enclave at Kelsey Park. This spacious 4-bedroom, 4-bathroom home with an in-ground Gunite pool offers soaring ceilings, designer selections, and luxurious convenience. Walking into the home, you're presented with an open floor plan, the living room overlooking the outdoor kitchen and pool, along with a gourmet kitchen and an ornate dining room. The kitchen features a side-by-side stainless refrigerator/freezer setup, a farmhouse sink, granite counters, a double oven, and so much more. The isolated primary bedroom overlooks the pool and backyard and features a wood-beam cross-pattern ceiling, a spacious bathroom, and a closet with a separate shower and tub. The isolated guest bedrooms both have ensuite bathrooms and walk-in closets. The fourth bedroom could easily be used as an office or guest room, with a full-sized fourth bathroom across the hall. Enjoy corner-lot access to the rear-entry 2-car garage that brings you right into the custom mudroom and laundry room. Located in Lubbock-Cooper ISD, your kids will enjoy Liberty High School and Lubbock's fastest-growing commercial corridors on Quaker and Loop 88. Few homes offer this much value on the market. Schedule your showing today!

Investor Tools

$383,888Estimated Mortgage Balance
$204,112Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

Interested in this property?

Doug Duncan

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,543
$548,416
2025
$70,000
$478,416
$548,416
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,543
$548,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$430,350
No
First
Nov 20, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,888
$204,112
34%
65%
$2,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,581/mo
$-761/mo
3.7%

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.

Explore Texas Explore This Area
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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3922 138th Street, Lubbock, TX 79423 | Property Details | No Agent List