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$226,491

NAL Estimated Property Value

408 Kirby Ave, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$90.09 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size6,272 sqft

Building Information

Year Built1999
Roof Type105
Garage Spaces2

Land Information

APNR150664
Lot Number2820
SubdivisionWestchester Park
Land UseResidential
Legal DescriptionWESTCHESTER PARK L 282
Census Tract000407
Assessed Land Value$20,000
Assessed Improvement Value$206,491
Assessment Year2025

About this property

Beautiful 4 bedroom PLUS an office in Frenship school district. Great updates throughout the home that you definitely want to see in person. 4th bedroom could be made into a great playroom, gameroom or workout room. Office with built-in's right off the isolated master bedroom with an amazing master bathroom. Brand new flooring in the 2nd bathroom. Covered back patio in backyard is built perfect for the Lubbock weather with protection on 3 sides and a view of the beautiful backyard.

Investor Tools

Property Icon
$226,491
Estimated Property Value
$212,386Estimated Mortgage Balance
$14,105Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,359 /month
Positive
Cash Flow Estimate:
$453 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,380
$226,491
2025
$20,000
$206,491
$226,491
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,380
$226,491

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Va
$227,920
Yes
First
Sep 7, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,386
$14,105
6%
94%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,367/mo
+$553/mo
10.2%

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.

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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408 Kirby Ave | Property Details | No Agent List