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$769,900

4005 137th Street, Lubbock, TX, 79423

$780,386 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,009 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.04 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Double Oven, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Range, Range Hood, Gas Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard, Rain Gutters, Storage
Lot Size10,572 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR330203
Lot Number1120
SubdivisionEnclave At Kelsey Park
Land UseResidential
Legal DescriptionENCLAVE AT KELSEY PARK L 112
Census Tract010512
Assessed Land Value$70,000
Assessed Improvement Value$694,952
Assessment Year2025

About this property

Located in The Enclave at Kelsey Park! This home is a luxury masterpiece, ready to shine for the right buyer, and it's truly one of the most impressive homes in South Lubbock. Step inside to a grand foyer with soaring ceilings, exposed beams, a floor-to-ceiling fireplace, and gorgeous luxury vinyl plank flooring. This layout is a dream: 4 bedrooms, 4 bathrooms, a private office, game room, AND a second living area—giving you space for every lifestyle. The chef's kitchen is a showstopper with double quartz islands, a rock backsplash, walk-in pantry, double gas range, and a built-in fridge/freezer that makes a statement. The dining area features a brick accent wall and opens seamlessly into a spacious secondary living space—perfect for gatherings. The private primary suite retreat includes custom built-ins, a spa-inspired bathroom, and a walk-in closet designed for maximum storage. Two additional bedrooms on the main floor offer private en-suite baths, and the dedicated office adds style and convenience. Upstairs, you'll find a large game room, a fourth bedroom, and a full bath—ideal for guests or teens. Outside, the backyard has plenty of room for a pool and includes a covered patio with an outdoor fireplace—bringing your entertaining dreams to life. Packed with custom upgrades from top to bottom, this home is truly a standout in one of Lubbock's most sought-after neighborhoods.

Investor Tools

$662,661Estimated Mortgage Balance
$136,339Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$780,386
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

Interested in this property?

Nathan Jordan

Nathan Jordan Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,516/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,194
$764,952
2025
$70,000
$694,952
$764,952
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,194
$764,952

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Stand Alone Second / Subordinate Position
$112,485
No
First
Aug 17, 2022
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$662,661
$136,339
17%
83%
$4,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$4,632/mo
$-2,812/mo
2.7%

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.

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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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4005 137th Street | Property Details | No Agent List