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$445,894

502 Buckingham Ave, Wolfforth, TX, 79382

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,531 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.84 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Cooktop, Disposal, Dishwasher, Instant Hot Water, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,668 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR172201
Lot Number2390
SubdivisionPreston Manor
Land UseResidential
Legal DescriptionPRESTON MANOR L 239
Census Tract010419
Assessed Land Value$69,500
Assessed Improvement Value$376,394
Assessment Year2025

About this property

Apex Construction presents a beautifully crafted new construction home. Every Apex home has unique style and design and never the same elevation. This new home offers spacious rooms and gorgeous finish selections throughout. A must see floorplan with tiled showers that give it a modern touch! This unique neighborhood is conveniently located close to Marsha Sharp freeway, giving clear access to all of Lubbock. The Club at Preston Manor includes: pool and splash pad with arbor and fire pit, boutique gym, tennis courts, dog park, amenity center. Preston Manor is in the Frenship School District. This beautiful home has an estimated completion of May 2021!

Investor Tools

Property Icon
$445,894
Estimated Property Value
$199,500Estimated Mortgage Balance
$265,101Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,675 /month
Positive
Cash Flow Estimate:
$892 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$941/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,064
$445,894
2025
$69,500
$376,394
$445,894
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,064
$445,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$199,500
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,793
$265,101
59%
41%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,197/mo
+$333/mo
4.1%

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: Wolfforth

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502 Buckingham Ave | Property Details | No Agent List