$382,000
NAL Estimated Property Value5709 Grinnell Street, Lubbock, TX, 79416
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
Exterior
Lot Size15,624 sqft
Building Information
Year Built2016
Roof Type105
Garage Spaces483
Land Information
APNR173680
Lot Number2260
SubdivisionWestern Estates
Land UseSingle Family Residential
Legal DescriptionWESTERN ESTATES L 226
Census Tract000409
Assessed Land Value$17,500
Assessed Improvement Value$275,500
Assessment Year2025
About this property
New construction in North Lubbock. Conveniently located near Texas Tech, LCU, and the Medical District. You'll find granite counter tops, beautiful light flooring, spacious open concept, separate laundry space and walk in closets all in a quiet neighborhood
Investor Tools
$382,000
Estimated Property Value
$213,602Estimated Mortgage Balance
$168,398Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,025
$293,000
2025
$17,500
$275,500
$293,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,025
$293,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$220,500
No
First
Aug 27, 2024
Sep 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,602
$168,398
44%
56%
$1,323/mo
