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$562,000

NAL Estimated Property Value

5111 County Road 7545, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,157 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.29 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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
FlooringCarpet, Tile

Exterior

Lot Size1.00 acres

Building Information

Year Built2004
Roof Type105
Garage Spaces3

Land Information

APNR302160
Lot Number130
SubdivisionOak Grove
Land UseResidential
Legal DescriptionOAK GROVE L 13
Census Tract010512
Assessed Land Value$28,000
Assessed Improvement Value$467,623
Assessment Year2025

About this property

AMAZING one-owner custom property on an acre outside of the city with a MASSIVE workshop! This four bedroom, two and a half bathroom, three car garage house is looking for the next owners to put their personal touches on it. The house features an open concept, large bedrooms, two eating areas, and great curb appeal. Enjoy the three patios perfect for entertaining or relaxing. Tons of storage is found throughout the house and includes a concrete-reinforced safe room. The spacious attic in the three car garage utilizes actual stairs for safe entry to store items with ease. The 45x60 foot workshop features a fifteen foot overhead door and two offset garage doors with additional space in the front and back for storage of vehicles or anything that meets your needs. If you are looking for space with the perfect shop this is the ONE for you! Schedule an appointment today and take a look at the virtual tour in the meantime!

Investor Tools

Property Icon
$562,000
Estimated Property Value
$178,408Estimated Mortgage Balance
$383,592Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,686
$495,623
2025
$28,000
$467,623
$495,623
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,686
$495,623

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$200,000
No
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,408
$383,592
68%
32%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,200/mo
+$490/mo
3.6%

City: Lubbock

5111 County Road 7545 | Property Details | No Agent List