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$311,000

NAL Estimated Property Value

4803 French Quarter Ct, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.73 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Range
FlooringCarpet, Tile

Exterior

Lot Size4,050 sqft

Building Information

Year Built1990
Roof Type114
Garage Spaces3

Land Information

APNR67324
Lot Number6530
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 653-A-1
Census Tract010502
Assessed Land Value$37,100
Assessed Improvement Value$272,917
Assessment Year2025

About this property

Come see this unique garden home in Lakeridge Country Club Estates.This single level home features a large living room with tall ceilings, plenty of natural light, a beautiful fireplace and built in in bookshelves.A bonus room, a third car garage, a finished epoxy floor in the garage as well as a heated & cooled finish storage room in the attic combine to make this truly a one of a kind house. This desirable neighborhood, mature trees,and quite cul-de-sac will make your time on the patio with it raised deck and retractable awnings all the more enjoyable.

Investor Tools

Property Icon
$311,000
Estimated Property Value
$59,301Estimated Mortgage Balance
$251,699Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,866 /month
Positive
Cash Flow Estimate:
$622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,630
$310,017
2025
$37,100
$272,917
$310,017
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,630
$310,017

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$60,272
No
First
Jun 30, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,301
$251,699
80%
19%
$362/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,030/mo
$362/mo
+$668/mo
4.0%

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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4803 French Quarter Ct | Property Details | No Agent List