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$669,000

5401 County Road 1420, Lubbock, TX, 79407

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,639 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.21 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Double Oven, Dishwasher, Microwave, Range, Trash Compactor, Water Softener, Water Softener Owned, Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size21,875 sqft

Building Information

Year Built2000
Roof Type105
Garage Spaces4

Land Information

APNR142824
Lot Number1080
SubdivisionLlano Estates
Land UseResidential
Legal DescriptionLLANO ESTATES L 108
Census Tract010419
Assessed Land Value$32,000
Assessed Improvement Value$639,749
Assessment Year2025

About this property

Welcome to this stunning 4-bedroom, 3-bathroom, 4 car garage, three-story home nestled in the highly sought-after Llano Estates, just outside the city limits and within the award-winning Frenship ISD. Sitting on SPEC utilities, this spacious and well-maintained home offers comfort, character, and functionality at every turn. The kitchen appliances offered are Viking and double Decor ovens- an entertainer's dream! Enjoy the newly carpeted living room and basement—perfect for a movie room, game room, or second living space. Upstairs, you'll find a large bonus area featuring beautiful real hardwood floors. With the addition of a closet, this space could easily become a fifth bedroom or continue to serve as a fantastic entertainment or hobby area. Storage is abundant throughout the home, offering room for everything you need—and more. The thoughtful layout makes it easy to add a backyard pool, and the home is just down the street from Llano's basketball and tennis courts for even more recreational options. Don't miss your opportunity to own a one-of-a-kind property in one of Lubbock's most desirable neighborhoods!

Investor Tools

Property Icon
$671,749
Estimated Property Value
$422,000Estimated Mortgage Balance
$252,809Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,030 /month
Positive
Cash Flow Estimate:
$1,343 /month

Interested in this property?

Jennifer Taylor

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,071/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,489
$671,749
2025
$32,000
$639,749
$671,749
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,489
$671,749

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Residential Wholesale Mortgage Inc
Conventional
$422,000
No
First
Dec 8, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$418,940
$252,809
37%
62%
$2,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$2,531/mo
$-859/mo
3.0%

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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5401 County Road 1420 | Property Details | No Agent List