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$344,259

NAL Estimated Property Value

5004 Prospect Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,086 Sq Ft
price_per_sqft$153.4 / 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 Size7,394 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR336957
Lot Number170
SubdivisionWestmont
Land UseResidential
Legal DescriptionWESTMONT L 17
Census Tract010419
Assessed Land Value$51,758
Assessed Improvement Value$292,501
Assessment Year2025

About this property

Take a look at this beautiful home built by BBA Luxury Homes Lubbock and you are sure to fall in love! This 2,086 square foot home boasts 3 bedrooms, 2.5 baths, and a 2 car garage. You are welcomed into this home by a huge front patio with gorgeous cedar posts. As soon as you walk in, you will appreciate the open layout of this home and all the included upgrades such as granite countertops throughout, a stunning stack stone fireplace, a large wet room in the master bathroom, and so much more! Contact us today to schedule your very own private showing before this one is sold!

Investor Tools

Property Icon
$344,259
Estimated Property Value
$219,984Estimated Mortgage Balance
$124,275Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,066 /month
Positive
Cash Flow Estimate:
$689 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,331
$344,259
2025
$51,758
$292,501
$344,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,331
$344,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$239,992
No
First
Dec 3, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,984
$124,275
36%
64%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,439/mo
$-14/mo
5.0%

City: Lubbock

5004 Prospect Ave | Property Details | No Agent List