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$1,282,000

NAL Estimated Property Value

4803 County Road 7640, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,380 Sq Ft
price_per_sqft$336.76 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Double Oven, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size1.03 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces4

Land Information

APNR341719
Lot Number1110
SubdivisionSouth Fork Ranch
Land UseResidential
Legal DescriptionSOUTH FORK RANCH L 111
Census Tract010514
Assessed Land Value$70,000
Assessed Improvement Value$979,989
Assessment Year2025

About this property

Wonderful New Construction in South Fork Ranch. 4 bedroom 3 and a half bath has many amenities. Grand entry into Open Floor plan. Master Suite with spacious bathroom and closet. Kitchen is a chef delight with top of the line stove and double ovens, prep room in pantry with refridge, dishwasher, microwave and sink. Flex Space that gives second living area looking out to patio with outdoor kitchen with fireplace. Safe room is of the Flex Space. Porte-Cochere between house and 4 car garage. Landscaping will be completed. Price includes pool and barn.

Investor Tools

Property Icon
$1,282,000
Estimated Property Value
$1,016,268Estimated Mortgage Balance
$265,732Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,850 /month
Positive
Cash Flow Estimate:
$2,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,555
$1,049,989
2025
$70,000
$979,989
$1,049,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,555
$1,049,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flatland Services Llc
Conventional
$1,029,000
No
First
Aug 21, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,016,268
$265,732
20%
79%
$8,280/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$8,280/mo
$-6,590/mo
1.6%

City: Lubbock

4803 County Road 7640 | Property Details | No Agent List