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$430,000

NAL Estimated Property Value

4516 87th St, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.49 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size9,571 sqft

Building Information

Year Built1990
Garage Spaces3

Land Information

APNR82620
Lot Number250
SubdivisionHighridge
Land UseResidential
Legal DescriptionHIGHRIDGE L 25
Census Tract010502
Assessed Land Value$31,106
Assessed Improvement Value$393,725
Assessment Year2025

About this property

Classic character and generous spaces welcome you to this Highridge home on the edge of Lakeridge Country Club. Featuring 3 spacious bedrooms, 2.5 baths, a 3-car garage, and a dedicated office, this home offers library paneling in the living room, plantation shutters, and several skylights. A huge laundry room, abundant storage, and a separate craft or fabric closet provide exceptional functionality. Enjoy an enclosed porch, not heated or cooled, and a small backyard with just enough grass to keep maintenance manageable. This lovely home offers an opportunity to make it your own!

Investor Tools

Property Icon
$467,000
Estimated Property Value
$0Estimated Mortgage Balance
$467,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,802 /month
Positive
Cash Flow Estimate:
$934 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,910
$424,831
2025
$31,106
$393,725
$424,831
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,910
$424,831

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$467,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
3.7%

City: Lubbock

4516 87th St | Property Details | No Agent List