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$302,000

NAL Estimated Property Value

4915 Hanover Dr, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.75 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size7,930 sqft

Building Information

Year Built2004
Roof Type105
Garage Spaces2

Land Information

APNR301984
Lot Number1740
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 174
Census Tract000409
Assessed Land Value$23,790
Assessed Improvement Value$243,759
Assessment Year2025

About this property

Walk into this spacious home fit for a large crew, yet, cozy enough for a few. This two-story home boasts four bedrooms, three and a half baths, and a 2-car, rear-facing garage. There are two ample living areas, an eating area and a dining area, not to mention a large kitchen with an island, pantry, and breakfast bar area providing plenty of counter top space. The spacious backyard and patio area make for great potential outdoor living/weekend BBQ's. This house is ready to party with its new owner!!!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$205,520Estimated Mortgage Balance
$96,480Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,293
$267,549
2025
$23,790
$243,759
$267,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,293
$267,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Conventional
$230,860
No
First
Sep 17, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,520
$96,480
31%
68%
$1,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,385/mo
+$535/mo
7.6%

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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4915 Hanover Dr | Property Details | No Agent List