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$352,526

NAL Estimated Property Value

5002 Prospect Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,917 Sq Ft
price_per_sqft$156.49 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
FlooringVinyl

Exterior

Lot Size8,562 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces3

Land Information

APNR336956
Lot Number160
SubdivisionWestmont
Land UseResidential
Legal DescriptionWESTMONT L 16
Census Tract010419
Assessed Land Value$59,934
Assessed Improvement Value$292,592
Assessment Year2025

About this property

This stunning home built by BBA Luxury Homes Lubbock is sure to wow you! With 3 large bedrooms, 2 baths, 1,917 square feet and 3 parking spaces in the garage, you will fall in love with this charmer. Upgrades such as granite countertops throughout, specialty ceilings, a HUGE wet room in the master bathroom, and so much more are included. Contact us today to schedule your own private showing and to see why Westmont is the perfect place to live! Be sure to act quick, this one won't last long! **This home is currently under construction and photos shown are from a previously built home that is the same floor plan. Colors and selections will vary.**

Investor Tools

Property Icon
$352,526
Estimated Property Value
$264,812Estimated Mortgage Balance
$87,714Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,115 /month
Positive
Cash Flow Estimate:
$705 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$781/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,610
$352,526
2025
$59,934
$292,592
$352,526
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,610
$352,526

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Fha
$289,987
Yes
First
Oct 15, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,812
$87,714
24%
75%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,739/mo
$-67/mo
5.7%

City: Lubbock

5002 Prospect Ave | Property Details | No Agent List