$259,479
NAL Estimated Property Value5218 Jarvis St, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl
Exterior
Lot Size6,720 sqft
Building Information
Year Built2016
Roof Type105
Garage Spaces2
Land Information
APNR311166
Lot Number6940
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 694
Census Tract000409
Assessed Land Value$20,160
Assessed Improvement Value$239,319
Assessment Year2025
About this property
Another New Home by Freeman Homes is ready for You to call Home! Light & Bright open concept main living with signature Freeman Homes details: special ceilings, over sized garage and utility room sink. Additional perks this home offers is a walk in pantry, isolated master suite with two closets, separate tub and tile shower. Two spacious guest rooms are separate by a hall bath. This home is convenient to North Loop 289, Alamo Draft House, restaurants, shopping, TTUHSC, Wayland, and the Lubbock Heart Hospital are. Make this your Home today!
Investor Tools
$259,479
Estimated Property Value
$162,408Estimated Mortgage Balance
$97,071Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,557 /month
Positive
Cash Flow Estimate:
$519 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,125
$259,479
2025
$20,160
$239,319
$259,479
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,125
$259,479
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$181,335
Yes
First
Dec 14, 2020
May 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,408
$97,071
37%
63%
$1,088/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,088/mo
+$552/mo
7.6%
