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$347,000

NAL Estimated Property Value

4307 N Boston Ave, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,874 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,250 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces785

Land Information

APNR88596
Lot Number360
SubdivisionLa Colonia
Land UseResidential
Legal DescriptionLA COLONIA L 36 & 37
Census Tract000201
Assessed Land Value$10,000
Assessed Improvement Value$270,203
Assessment Year2025

About this property

Beautiful, available lots close to Hillcrest Country Club, and some of the last vacant land in Lubbock LISD (which means, lower property taxes)! You will enjoy country living, with city conveniences. Wake up to the quiet sounds of a covey of quail running across your lawn, or the occasional cottontail nibbling nearby. It is remote enough so you can sit in your garden patio and enjoy a beautiful sunset followed by a panoramic showing of the stars in the Big Texas Sky. Secluded, yes. Removed, no. Just a few blocks from Loop 289 and I-27 which takes you downtown or to the mall in minutes. All homes are within walking distance of Hillcrest Country club. Lots have access to a community well to water your yard. Homes have city water & sewer. Homeowners Association is $45/mo. and mows your front yard among other services. Close to Texas Tech, and the medical district.

Investor Tools

Property Icon
$347,000
Estimated Property Value
$292,185Estimated Mortgage Balance
$54,815Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,082 /month
Positive
Cash Flow Estimate:
$694 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,851
$280,203
2025
$10,000
$270,203
$280,203
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,851
$280,203

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Va
$304,560
Yes
First
Feb 1, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,185
$54,815
15%
84%
$1,826/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,826/mo
$-401/mo
4.9%

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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4307 N Boston Ave | Property Details | No Agent List