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$920,950

5204 County Road 1440, Lubbock, TX, 79407

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths5,525 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.14 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Bar Fridge, Built-In Refrigerator, Disposal, Double Oven, Dishwasher, Gas Range, Microwave, Other, Washer/Dryer, Warming Drawer

Exterior

Exterior FeaturesBarbecue, Outdoor Grill, Other
Lot Size2.42 acres

Building Information

Year Built2003
Roof Type105
Garage Spaces3

Land Information

APNR150537
Lot Number280
SubdivisionTejas Estates
Land UseResidential
Legal DescriptionTEJAS ESTATES L 28
Census Tract010419
Assessed Land Value$44,000
Assessed Improvement Value$891,685
Assessment Year2025

About this property

This exceptional custom home by Robert Wood offers 4 spacious bedrooms, an office, 3 full baths, 3 half baths, and a beautifully finished basement. Blending modern luxury with unmatched functionality. The home features a 3-car garage with a dog washing station a private upstairs guest suite, perfect for visitors or hosting. There are also 3 guest parking spaces. The gourmet kitchen boasts top-of-the-line Wolf appliances and a butler's pantry with wine storage, ideal for hosting and entertaining. The upstairs media room, complete with a wet bar, is perfect for movie nights or social gatherings. This one of a kind property is set on 2.42 acres with 2 wells and surrounded by Pecan trees, Live Oak trees, Cedar trees, and Oak trees. The property includes a 40x60 insulated shop with four 240v plugs and many outlets. It also has a 36x37 horse barn with stalls and a dedicated paddock, making it a dream for equestrian enthusiasts and hobbyists. The backyard features a beautiful pergola, outdoor fireplace, and a grill & bar area—creating a perfect setting for outdoor dining and relaxation. Another bonus of many is a brand new DogWatch hidden fence! Just for our four-legged friends. Experience the perfect combination of luxury, space, and convenience in this one-of-a-kind home. Schedule to see this stunning 5,525 sq. ft. Home on 2.42 Acres today!

Investor Tools

Property Icon
$920,950
Estimated Property Value
$456,000Estimated Mortgage Balance
$428,771Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,190
$920,950
2025
$44,000
$891,685
$935,685
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,190
$920,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Purchase Money Mortgage
$51,320
No
First
Sep 26, 2014
Oct 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,179
$428,771
46%
53%
$3,042/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$3,042/mo
$-1,370/mo
2.2%

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: Lubbock

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