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A+
NoAgentList RatingHow are grades calculated? Info

$210,000

403 Iola Ave, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.71 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher

Exterior

Lot Size6,265 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APNR37677
Lot Number1460
SubdivisionRevier Farm
Land UseResidential
Legal DescriptionREVIER FARM L 146
Census Tract000408
Assessed Land Value$13,783
Assessed Improvement Value$177,788
Assessment Year2025

About this property

Wow! 4/2/2 with very open kitchen and living area! Home features stained concrete throughout the house. Great closet space. Countertops/bathtubs have just been reglazed. Energy saving solar screens; located at the end of a cul-de-sac.

Investor Tools

Property Icon
$210,000
Estimated Property Value
$107,250Estimated Mortgage Balance
$118,110Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,955
$191,571
2025
$13,783
$177,788
$191,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,955
$191,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Unknown
$107,250
No
First
Mar 15, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,890
$118,110
56%
44%
$644/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$644/mo
+$1,276/mo
11.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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403 Iola Ave | Property Details | No Agent List