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$227,000

NAL Estimated Property Value

5218 84th St, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,763 Sq Ft
price_per_sqft$112.88 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size4,681 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APNR96142
Lot Number13370
SubdivisionThe Meadows
Land UseResidential
Legal DescriptionTHE MEADOWS L 1337
Census Tract010410
Assessed Land Value$10,582
Assessed Improvement Value$177,508
Assessment Year2025

About this property

Come in and see this newly remodeled 3 bedroom 2 bath garden home in southwest Lubbock. Recent updates include vinyl plank flooring, new carpet, new countertops and backsplash in kitchen, new appliances, new paint throughout and new vanities and tile in the bathrooms. This home includes a big courtyard and lots of natural light. Book your showing today!

Investor Tools

Property Icon
$227,000
Estimated Property Value
$46,050Estimated Mortgage Balance
$180,950Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,457
$188,090
2025
$10,582
$177,508
$188,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,457
$188,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Credit Line (Revolving) / Heloc
$48,000
No
First
Feb 13, 2024
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,050
$180,950
79%
20%
$288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$288/mo
+$1,152/mo
7.6%

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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5218 84th St | Property Details | No Agent List