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$245,000

NAL Estimated Property Value

5704 107th Street, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.51 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesDog Run, Private Yard, Storage
Lot Size6,270 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces2

Land Information

APNR307612
Lot Number970
SubdivisionSpringfield
Land UseResidential
Legal DescriptionSPRINGFIELD L 97
Census Tract010509
Assessed Land Value$20,000
Assessed Improvement Value$219,663
Assessment Year2025

About this property

Located in the Springfield neighborhood, this well-maintained 3-bedroom, 2-bathroom home with a 2-car garage offers a functional and inviting layout. The floor plan includes an isolated primary suite for added privacy, along with a spacious living area that flows into the kitchen. The kitchen provides ample cabinet space and features a built-in wine rack. The property also includes a large backyard with room for outdoor enjoyment or entertaining. Pride of ownership is evident throughout and even has a new roof, newer water heater and new HVAC system. Move-in ready and easy to show.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$125,402Estimated Mortgage Balance
$119,598Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,325
$239,663
2025
$20,000
$219,663
$239,663
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,325
$239,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$157,888
No
First
Aug 11, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,402
$119,598
48%
51%
$947/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$947/mo
+$493/mo
7.1%

City: Lubbock

5704 107th Street | Property Details | No Agent List