$332,000
NAL Estimated Property Value401 N Xenia Avenue, Lubbock, TX, 79407
$355,582 ARV
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size4.51 acres
Building Information
Year Built1995
Roof Type105
Garage Spaces2
Land Information
APNR97250
Lot Number250
SubdivisionWestern Ranch Acres
Land UseResidential
Legal DescriptionWESTERN RANCH ACRES L 25
Census Tract010417
Assessed Land Value$63,140
Assessed Improvement Value$344,712
Assessment Year2025
About this property
Country living at its best for the true horse lover or FFA family. Wonderful brick home, 2 dining areas with basement. Need a formal living area its here! 4.4 acres with 25x25 barn with horse pens. The property has pastures sectioned off with heavy pipe fencing (expensive) incorporated in with the barn. Separate covered patio. Additional slab on the property for another barn or basketball court.
Investor Tools
$332,000
Estimated Property Value
$215,417Estimated Mortgage Balance
$116,583Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$355,582
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,624
$260,885
2025
$63,140
$344,712
$407,852
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,624
$260,885
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$274,928
Yes
First
Mar 7, 2016
Apr 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,417
$116,583
35%
65%
$1,649/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,649/mo
$-9/mo
5.9%
