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$741,440

NAL Estimated Property Value

5603 County Road 1450, Lubbock, TX, 79407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,735 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.3 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Gas Range, Indoor Grill, Water Softener, Water Softener Owned
FlooringCarpet

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size1.05 acres

Building Information

Year Built2007
Roof Type105
Garage Spaces3

Land Information

APNR169453
Lot Number520
SubdivisionTejas Estates
Land UseResidential
Legal DescriptionTEJAS ESTATES L 52
Census Tract010419
Assessed Land Value$32,000
Assessed Improvement Value$709,440
Assessment Year2025

About this property

Welcome to this custom built Tejas beauty. Open concept floor plan allows you to entertain with ease, cozy living room keeps everyone connected to the action while relaxing nearby. Storage galore in recently updated kitchen. Secluded and oversized the master bedroom offers your own oasis. His and hers closets, soaking tub and shower. Bdrm 2 & 3 are a great size and have large closets. Guest room, guest bathroom and office. The 20x20 basement gives extra space for family or friends and has tall ceilings. You'll have room to roam on this well maintained acre property. 24x30 storage building is perfect for all your projects or additional storage. Pool has a new heater and cover. You can enjoy cookouts under the 20x20 covered patio. 3.5 car garage leaves plenty of options for storage, toys or just that extra space you've been needing. Property backs the equestrian facility. Schedule your showing today and make this home.

Investor Tools

Property Icon
$741,440
Estimated Property Value
$485,587Estimated Mortgage Balance
$255,853Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,449 /month
Positive
Cash Flow Estimate:
$1,483 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,985
$741,440
2025
$32,000
$709,440
$741,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,985
$741,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Conventional
$532,760
No
First
Sep 13, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,587
$255,853
34%
65%
$3,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$3,195/mo
$-1,523/mo
2.7%

City: Lubbock

5603 County Road 1450 | Property Details | No Agent List