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$389,000

NAL Estimated Property Value

5402 County Road 7340, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,521 Sq Ft
price_per_sqft$106.27 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringCarpet, Tile

Exterior

Lot Size22,641 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR155089
Lot Number60
SubdivisionSandy Mariah Estates
Land UseResidential
Legal DescriptionSANDY MARIAH ESTATES L 6
Census Tract010421
Assessed Land Value$21,000
Assessed Improvement Value$295,889
Assessment Year2025

About this property

What a Find!This picture-perfect home sits on a half acre in Cooper schools for only $275,500. A spacious 4 Bedroom/2 Bath with bonus room and over 2,500 square feet! Huge bedrooms, nice back patio. This is a quiet 3 culdesac neighborhood perfect for someone wanting more privacy and still have nice space with room for a shop.

Investor Tools

Property Icon
$389,000
Estimated Property Value
$293,600Estimated Mortgage Balance
$95,400Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,978
$316,889
2025
$21,000
$295,889
$316,889
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,978
$316,889

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$319,113
No
First
Feb 9, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,600
$95,400
24%
75%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,914/mo
$-224/mo
5.2%

City: Lubbock

5402 County Road 7340 | Property Details | No Agent List