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$430,000

405 Troy Ave, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$90.94 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Electric Range, Indoor Grill, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,720 sqft

Building Information

Year Built1999
Roof Type105
Garage Spaces2

Land Information

APNR138464
Lot Number190
SubdivisionRenaissance Park
Land UseResidential
Legal DescriptionRENAISSANCE PARK L 19
Census Tract000403
Assessed Land Value$66,000
Assessed Improvement Value$334,769
Assessment Year2025

About this property

Fabulous Garden Home In Luxurious Renaissance Park! Features A Welcoming Curb Appeal W/ Established Landscape; Open & Spacious Floor Plan W/ Wonderful Living Area, Handsome Fireplace, & Beautiful Windows Looking To the Relaxing Patio; Very Large Formal Dining Area W/ Built-In China Cabinet & Picturesque Bay Window; Fantastic Kitchen W/ Convenient Cooking Island; Large Breakfast Area W/ Gorgeous Built-Ins; Wonderful Basement; Great Office W/ Closet (Could Even Serve As 4th Bedroom or 3rd Living Area); Large Isolated Master Suite W/ Luxurious Bath & Huge Wrap-Around Closet; Lots Of Plantation Shutter; Many Built-Ins & Fine Details Through-out; Stairwell Leading To Attic For Easy Attic Access; Oversized Garage (Great Work Area);Storage Building; Beautiful Patio W/ Lush Landscaping; So Much More. Also - Roof Replaced In September/2018. You Will Certainly Be Impressed! Call Today To See!

Investor Tools

Property Icon
$430,000
Estimated Property Value
$0Estimated Mortgage Balance
$430,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,014
$400,769
2025
$66,000
$334,769
$400,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,014
$400,769

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$430,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,200/mo
+$440/mo
4.6%

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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405 Troy Ave | Property Details | No Agent List