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$258,000

NAL Estimated Property Value

5015 Jarvis St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,835 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.37 / sqft
Year BuiltBuilt in 2013

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
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size7,442 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces2

Land Information

APNR310816
Lot Number3800
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 380
Census Tract000409
Assessed Land Value$22,326
Assessed Improvement Value$222,329
Assessment Year2025

About this property

REDUCED $10,000!!! One of the few houses in North Pointe under $100/ft. * Cute 3/2/2 with open floor plan * Isolated master suite with separate shower and tub and large closet * Kitchen has large breakfast area and also a breakfast bar, stained cabinets, walk-in panty and black appliances * Fireplace in living room * Mud room area adjacent to utility room * Tiled living room and kitchen as well as utility and bathrooms * Covered rear patio * Fenced backyard * Rear entry two car garage * Sprinkler system * Window coverings.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$47,922Estimated Mortgage Balance
$210,078Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,987
$244,655
2025
$22,326
$222,329
$244,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,987
$244,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Of Commerce
Purchase Money Mortgage
$50,625
No
First
Jun 15, 2023
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,922
$210,078
81%
19%
$304/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$304/mo
+$1,336/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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5015 Jarvis St | Property Details | No Agent List