Last 24 Hours
$126,000
NAL Estimated Property Value5508 Private Road 1040, Lubbock, TX, 79407
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size10 acres
Land Information
APNR60637
Lot Number150
Land UseResidential
Legal DescriptionBLK D6 SEC 17 AB 407 TR D ACS: 10
Census Tract010418
Assessed Land Value$90,000
Assessment Year2025
About this property
10 acres of country property in Wolfforth. Great property with many possibilities. Does have a well, septic and electric pole. This property has some existing pens that were used to house farm animals. Great opportunity and options with this property.
Investor Tools
$126,000
Estimated Property Value
$17,319Estimated Mortgage Balance
$108,681Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,435
$90,000
2025
$90,000
N/A
$90,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,435
$90,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thomas L Stern
Unknown
$26,000
No
First
Jan 26, 2012
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,319
$108,681
86%
14%
$156/mo
12.4%