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$366,000

NAL Estimated Property Value

5012 Grinnell St, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,223 Sq Ft
price_per_sqft$74.65 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave

Exterior

Lot Size9,760 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APNR302010
Lot Number2000
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 200
Census Tract000409
Assessed Land Value$29,280
Assessed Improvement Value$296,023
Assessment Year2025

About this property

Beautiful 4/2.5/2 Home With 3 Living Areas & 2 Dining Areas! This immaculate, move-in ready home welcomes you with elegance from front door. As you enter this charming home, you are greeted by the soaring ceiling & elegant iron-railed stairway. The formal living area near the entry would also make a perfect office area. The family den features a coffered ceiling & stone fireplace. The spacious kitchen provides granite countertops, island, breakfast bar & abundant storage. Formal dining room provides large bay window. The over-sized isolated master suite features sitting area, double vanities, air-flow tub, separate shower plus large walk-in closet. The upstairs is a separate living space unto itself with a large loft area that is perfect for a media or gameroom space. This spacious home is light & bright with updated paint & carpet. Don't miss this gem!

Investor Tools

Property Icon
$366,000
Estimated Property Value
$210,506Estimated Mortgage Balance
$155,494Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,454
$325,303
2025
$29,280
$296,023
$325,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,454
$325,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$239,400
No
First
Mar 6, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,506
$155,494
42%
58%
$1,436/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,436/mo
+$484/mo
6.3%

City: Lubbock

5012 Grinnell St | Property Details | No Agent List