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$1,390,000

4009 140th Street, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths4,542 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.03 / sqft
Year BuiltBuilt in 2021

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
AppliancesDishwasher, Disposal, Double Oven, Exhaust Fan, Free-Standing Gas Range, Microwave, Refrigerator
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBalcony, Private Yard, RV Hookup, Storage
Lot Size23,579 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces3

Land Information

APNR330152
Lot Number850
SubdivisionEstates Of Kelsey Park
Land UseResidential
Legal DescriptionESTATES OF KELSEY PARK L 85
Census Tract010512
Assessed Land Value$70,737
Assessed Improvement Value$996,940
Assessment Year2025

About this property

Exceptional custom-built home by Kevin Reed, completed in 2021 and located in the highly sought-after Estates of Kelsey Park. Offering an impressive 4,542 square feet, this thoughtfully designed home provides the space, flexibility, and amenities today's families desire. With the potential for 5-7 bedrooms, including options for a dedicated home office, media room, or flex space, this floor plan easily adapts to your family's changing needs. The expansive open-concept living and dining areas create the perfect setting for everyday living, large family gatherings, and entertaining guests. Upstairs, two spacious bedrooms each enjoy private balcony access and share a beautifully designed Jack-and-Jill bath, creating a unique retreat for family or guests. Outside, the property continues to impress with a 3-car garage and an incredible 40' x 50' climate controlled shop featuring a 15-foot overhead door—ideal for RV storage, boats, recreational vehicles, hobbies, or a workshop. Combining quality craftsmanship, versatile living spaces, and exceptional storage, this remarkable property offers a rare opportunity in one of the area's most desirable neighborhoods. Luxury, functionality, and room to grow—all in one extraordinary home.

Investor Tools

$0Estimated Mortgage Balance
$1,067,677Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

Interested in this property?

Debora Perez-Ruiz

MoVaDe Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,263/month
$875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,812
$1,067,677
2025
$70,737
$996,940
$1,067,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,812
$1,067,677

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,067,677
100%
0%
$0/mo

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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4009 140th Street, Lubbock, TX 79423 | Property Details | No Agent List