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$358,000

NAL Estimated Property Value

545 Comanche Dr, Lubbock, TX, 79404

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,096 Sq Ft
price_per_sqft$86.83 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesRange, Free-Standing Range
FlooringCarpet

Building Information

Year Built1966
Roof Type105
Garage Spaces1

Land Information

APNR83120
Lot Number5450
SubdivisionBuffalo Lake
Land UseResidential
Legal DescriptionBUFFALO LAKE L 545 LEASED LD
Census Tract010700
Assessed Improvement Value$262,255
Assessment Year2025

About this property

Cute as can be! This home has incredible outdoor living space in the front and back. The current owners have truly made this an outdoor paradise. Beautiful lakefront views from the front of the home, and an amazing hillside view in the back. Plenty of grass area for kids to play and enjoy the West Texas weather. The interior of the home welcomes you with an oversized living room that can easily be divided into multiple areas for your enjoyment. Two spacious bedrooms make this home ready to accommodate a weekend crowd. Spacious laundry room has loads of storage and wonderful natural light! This home is perfect for your full time home, or a come and go lake house.

Investor Tools

Property Icon
$358,000
Estimated Property Value
$119,468Estimated Mortgage Balance
$238,532Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,439
$262,255
2025
N/A
$262,255
$262,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,439
$262,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$134,470
No
First
Aug 19, 2020
Sep 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,468
$238,532
66%
33%
$807/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$807/mo
+$865/mo
5.6%

City: Lubbock

545 Comanche Dr | Property Details | No Agent List