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$367,000

5107 1st Place, Lubbock, TX, 79416

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,555 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.64 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Oven, Water Purifier, Water Softener
FlooringCarpet, Tile

Exterior

Exterior FeaturesLighting, Private Yard, Storage
Lot Size6,250 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APNR117685
Lot Number1170
SubdivisionWhisperwood
Land UseResidential
Legal DescriptionWHISPERWOOD L 117
Census Tract000411
Assessed Land Value$40,000
Assessed Improvement Value$223,918
Assessment Year2025

About this property

This beautifully renovated, move-in-ready home showcases high-end upgrades designed for modern living and long-term value. A climate controlled SHOP with electrical ran to it. The reimagined kitchen features quartz countertops, expanded custom cabinetry, upgraded LED lighting, plus a reverse osmosis and whole-home water softening system--details buyers rarely find bundled together. Fresh interior paint, new plush carpet throughout key living areas, and sleek gray ceramic tile elevate the entire first floor, while both bathrooms have been fully remodeled with premium finishes, including a stunning primary bath with granite countertops. Major improvements continue with new windows in the primary and upstairs bedrooms, two new sliding glass doors, a new front entry door, and updated designer lighting throughout. Outside, low-maintenance xeriscaping, a new paver entry and brand new driveway create standout curb appeal, while the finished garage with epoxy flooring completes this turnkey, no-expense-spared home built to sell fast and impress instantly.

Investor Tools

$0Estimated Mortgage Balance
$371,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

Interested in this property?

Levi Richards

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,287
$263,918
2025
$40,000
$223,918
$263,918
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,287
$263,918

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$350/mo
+$1,290/mo
5.3%

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.

Explore Texas Explore This Area
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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5107 1st Place | Property Details | No Agent List