$300,000
NAL Estimated Property Value514 Comanche Dr, Lubbock, TX, 79404
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Building Information
Year Built1965
Land Information
APNR80933
Lot Number5140
SubdivisionBuffalo Lake
Land UseResidential
Legal DescriptionBUFFALO LAKE L 514 LEASED LD
Census Tract010700
Assessed Improvement Value$175,444
Assessment Year2025
About this property
Rare opportunity with this water front property in West Texas! With a massive lot and tons of opportunity this 2 bedroom 2 bathroom home is ready for its new owners. Walk out your back door and directly to your boat dock. You can be on the water in minutes. Schedule your private showing today.
Investor Tools
$300,000
Estimated Property Value
$255,340Estimated Mortgage Balance
$44,660Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,413
$173,383
2025
N/A
$175,444
$175,444
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,413
$173,383
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$275,500
No
First
Jun 6, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,340
$44,660
14%
85%
$1,652/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$1,652/mo
$-635/mo
4.1%
