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$342,000

5701 Peoria Ave, Lubbock, TX, 79413

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.29 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave, Range
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size6,500 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APNR54516
Lot Number70
SubdivisionCrown Heights
Land UseResidential
Legal DescriptionCROWN HEIGHTS L 7
Census Tract001907
Assessed Land Value$47,000
Assessed Improvement Value$253,839
Assessment Year2025

About this property

Spacious garden home in exclusive Crown Heights addition with a prestigious curb appeal. Low maintenance yard with storage shed and no monthly HOA fees! Open concept living and dining areas that have multiple usages. Large living room with beautiful wood floors and gas fireplace. Huge kitchen area with tile floors, granite counter tops, island bar area, walk in pantry and room for a second living area. Great patio area for entertaining and bar-be-ques. Office is located adjacent to kitchen and could be third bedroom or small den. Owner offering a carpet allowance for bedrooms and bath areas. Both bedrooms are huge with separate baths and walk-in closets and storage. Plantation shutters throughout and a half bath for guest. This is a different floor plan from most garden homes. Hurry this one will not last long!!!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$164,600Estimated Mortgage Balance
$195,170Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,422
$300,839
2025
$47,000
$253,839
$300,839
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,422
$300,839

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roundpoint Mortgage Servicing Corp
Conventional
$164,600
No
First
Oct 21, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,830
$195,170
57%
43%
$987/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,190/mo
$987/mo
+$203/mo
4.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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5701 Peoria Ave | Property Details | No Agent List