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$250,000

NAL Estimated Property Value

5231 Marshall St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,603 Sq Ft
price_per_sqft$105.43 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Microwave

Exterior

Lot Size6,720 sqft

Building Information

Year Built2017
Roof Type105
Garage Spaces2

Land Information

APNR311069
Lot Number5720
SubdivisionNorth Pointe
Land UseResidential
Legal DescriptionNORTH POINTE L 572
Census Tract000409
Assessed Land Value$20,160
Assessed Improvement Value$223,819
Assessment Year2025

About this property

New Construction. Open floor plan this home is our Ashridge floor plan. 1603 sq. ft. Inside you will find 9ft ceilings the living room, dining room, and kitchen, and a fireplace in the living area. Kitchen has stone diamond patterned backsplash, and granite under mount sink.The master has a double sink and walk-in closet Out side you will find an automatic sprinkler and sod in front and back and Side. This home ready for your buyers

Investor Tools

Property Icon
$250,000
Estimated Property Value
$205,078Estimated Mortgage Balance
$44,922Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$243,979
2025
$20,160
$223,819
$243,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$243,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Benchmark Mortgage
Va
$225,000
Yes
First
Sep 29, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,078
$44,922
17%
82%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,349/mo
+$291/mo
7.9%

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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5231 Marshall St | Property Details | No Agent List