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$315,000

5707 78th St, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,341 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.56 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Refrigerator

Exterior

Exterior FeaturesStorage
Lot Size9,775 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APNR78894
Lot Number6120
SubdivisionFarrar Estates
Land UseResidential
Legal DescriptionFARRAR ESTATES L 612
Census Tract001713
Assessed Land Value$12,750
Assessed Improvement Value$269,120
Assessment Year2025

About this property

This spacious three bedroom home with two full baths offers over 2300sq ft of living space. A beautiful circle drive provides ample parking and great curb appeal. The large living area with cathedral beamed ceilings and corner fireplace bring warmth and charm. The kitchen is spacious with bright sunny windows and an adjacent dining space. The laundry room offers extra storage and a sink. The primary ensuite has a large shower. The two guest bedrooms share the hall spacious hall bath. Outside is a great covered patio and storage shed. This home is located in great proximity to shopping , dining and entertainment.

Investor Tools

Property Icon
$275,250
Estimated Property Value
$0Estimated Mortgage Balance
$275,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Renee Burgett

Exit Realty of Lubbock

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,656
$275,250
2025
$12,750
$269,120
$281,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,656
$275,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$275,250
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
6.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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5707 78th St | Property Details | No Agent List