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$359,000

NAL Estimated Property Value

5605 Norfolk Ave, Lubbock, TX, 79413

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,747 Sq Ft
price_per_sqft$94.47 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Indoor Grill, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,515 sqft

Building Information

Year Built1999
Roof Type105
Garage Spaces2

Land Information

APNR55263
Lot Number320
SubdivisionCrown Heights
Land UseResidential
Legal DescriptionCROWN HEIGHTS L 32
Census Tract001907
Assessed Land Value$47,000
Assessed Improvement Value$289,051
Assessment Year2025

About this property

Wonderful home in Crown Heights with a beautiful pool * 3 bedrooms with office that could be 4th bedroom * 2 Living areas * 2 dining areas * Huge kitchen with island * Beautiful fireplace and built-ins * Great patio area for entertaining * oversized 2 car garage * Quiet cut-de-sac in walking distance to Evans and Christ the King!

Investor Tools

Property Icon
$359,000
Estimated Property Value
$200,913Estimated Mortgage Balance
$158,087Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,941
$336,051
2025
$47,000
$289,051
$336,051
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,941
$336,051

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$223,000
No
First
Mar 3, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,913
$158,087
44%
56%
$1,337/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,337/mo
+$333/mo
5.6%

City: Lubbock

5605 Norfolk Ave | Property Details | No Agent List