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$296,000

NAL Estimated Property Value

5016 Hanover St, Lubbock, TX, 79416

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,812 Sq Ft
price_per_sqft$103.09 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,808 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR301944
Lot Number1340
SubdivisionNorth Pointe
Land UseSingle Family Residential
Legal DescriptionNORTH POINTE L 134
Census Tract000409
Assessed Land Value$23,424
Assessed Improvement Value$236,646
Assessment Year2025

About this property

Need space? Come to popular North Pointe area off of N. Slide Rd. with 3 living areas and formal dining. Updated granite in kitchen and extra large master with garden tub and separate shower and large walk-in closet. The 3 additonal bedrooms are located upstairs with a second living area, Office or library area and Jack-n-Jill bath. There is a new fence, and rear-entry garage to round out this perfect home waiting for its new family.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$260,427Estimated Mortgage Balance
$35,573Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,150
$260,070
2025
$23,424
$236,646
$260,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,150
$260,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Fha
$284,648
Yes
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,427
$35,573
12%
88%
$1,707/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,707/mo
+$213/mo
7.8%

City: Lubbock

5016 Hanover St | Property Details | No Agent List