Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
B+
NoAgentList RatingHow are grades calculated? Info
Days6Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$259,000

512 N Grover Ave, Lubbock, TX, 79416

$284,262 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.73 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Free-Standing Electric Range, Microwave, Refrigerator, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Storage
Lot Size8,448 sqft

Building Information

Year Built1985
Roof Type114
Garage Spaces2

Land Information

APNR101173
Lot Number1430
SubdivisionShadow Hills
Land UseResidential
Legal DescriptionSHADOW HILLS L 143
Census Tract010417
Assessed Land Value$12,672
Assessed Improvement Value$212,246
Assessment Year2025

About this property

Welcome to this spacious 4/2.5/2 two-story home nestled on a quiet cul-de-sac in one of Lubbock's desirable golf course communities! Enjoy two separate living areas, perfect for gathering with family and friends or creating a dedicated game room, office, or media space. The kitchen is equipped with LG stainless appliances with the stainless refrigerator conveying. One of the three bedrooms upstairs has a private balcony and a staircase that leads directly to the backyard. One of the benefits of this home is the solar energy system that provides an opportunity for long-term energy savings and greater protection from rising utility costs. Additionally, there is a sprinkler system, storage building, and a spacious backyard ready for outdoor enjoyment.

Investor Tools

Property Icon
$266,000
Estimated Property Value
$195,200Estimated Mortgage Balance
$75,845Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$284,262
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

Interested in this property?

Denita Garrett

BK Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,578
$224,918
2025
$12,672
$212,246
$224,918
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,578
$224,918

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Credit Line (Revolving) / Heloc
$195,200
No
First
Mar 24, 2023
Mar 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,303
$75,697
28%
72%
$1,536/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,536/mo
+$104/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

512 N Grover Ave | Property Details | No Agent List