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$243,883

NAL Estimated Property Value

5229 Marshall St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,577 Sq Ft
price_per_sqft$106.59 / sqft
Year BuiltBuilt in 2017

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, Tile

Exterior

Lot Size6,720 sqft

Building Information

Year Built2017
Roof Type105
Garage Spaces2

Land Information

APNR311070
Lot Number5730
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 573
Census Tract000409
Assessed Land Value$20,160
Assessed Improvement Value$223,723
Assessment Year2025

About this property

New Construction 3/2/2 See this showroom of a house with a isolated mst bedroom.This property is our Jessica floor plan. 1577 sqft. Open floor plan with 9 ft ceilings, light and bright with double patio doors and tile in living room, dining, kitchen and halls, large base boards. Amazing kitchen which has 2 tier island, granite under mount sink, knotty alder cabinets, and granite counter tops. The master bath has granite double sinks and large walk-in closet. Automatic sprinkler with sod and fence. To be completed 10/26/17.

Investor Tools

Property Icon
$243,883
Estimated Property Value
$142,967Estimated Mortgage Balance
$100,916Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,463 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,908
$243,883
2025
$20,160
$223,723
$243,883
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,908
$243,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$161,250
No
First
Jul 27, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,967
$100,916
41%
59%
$967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$967/mo
+$673/mo
8.1%

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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5229 Marshall St | Property Details | No Agent List