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Owner Contacts

$389,000

4703 85th Street, Lubbock, TX, 79424

$481,450 ARV

Off Market

3 Beds

2 Bath

3,966 Sq Ft

Single Family Residence

$105.87 / sqft

Built in 1991

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Dishwasher, Water Softener, Water Softener Owned, Water Heater

FlooringCarpet, Hardwood, Tile

Exterior

Lot Size10,800 sqft

Building Information

Year Built1979

Garage Spaces3

Land Information

APNR93227

Lot Number650

SubdivisionLakeridge Country Club Estates

Land UseResidential

Legal DescriptionLAKERIDGE C C EST L 65

Census Tract010502

Assessed Land Value$53,000

Assessed Improvement Value$293,981

Assessment Year2025

About this property

Stunning Family Home in Lakeridge Country Club Estates! Soaring Entry with Beautiful Chandelier Sets the Stage~ Living Area with Hardwood Flooring~ Family Room with Travertine & Fireplace~ Remodeled Kitchen Featuring Granite, Thermador Professional Gas Stove/Double Ovens, SubZero Refrigerator & Warming Drawer~ Formal & Casual Dining Areas~ Fabulous Oversized Master Suite with Fireplace & Doors to Your Outdoor Patio~ Updated Master Bath Has TWO Large Walk-In Closets, Double Sinks,Dressing Area,Air-Flow Tub & Separate Tiled Shower~ Mother-In-Law Suite with Private Bath on the First Floor~ Awesomeness Upstairs Including Spacious Living Area, Three Bedrooms & Two Baths, One of Which is Jack'n'Jill~ Excellent Landscaping Front & Back~ Tree-Shaded Backyard with Inviting Patio & 7' Privacy Fence~ Rear-Entry THREE Car Garage~ Sprinkler System~ Security System~ Water Softener~ Class IV Decra Tile Roof Offers Insurance Discount~ Priced to Please...Sure to Impress...Fabulous Place to Call HOME!

Investor Tools

$389,000

Estimated Property Value

$0Estimated Mortgage Balance

$191,101Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$481,449

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,519 /month

Positive

Cash Flow Estimate:

$840 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$608/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,353

$346,981

2025

$53,000

$293,981

$346,981

Tax History

Year

Tax Paid

Assessed Value

2024

$5,353

$346,981

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American National Bank & Trust

Conventional

$221,850

First

Oct 9, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$197,899

$191,101

49%

51%

$1,331/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,440/mo

$1,331/mo

+$109/mo

4.4%

Learn About the Market: Opportunity in Texas

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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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