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$290,189

NAL Estimated Property Value

575 Comanche Dr, Lubbock, TX, 79404

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,788 Sq Ft
price_per_sqft$100.39 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesNone, Electric Water Heater

Exterior

Exterior FeaturesDock, None

Building Information

Year Built1959
Garage Spaces2

Land Information

APNR85039
Lot Number5750
SubdivisionBuffalo Lake
Land UseResidential
Legal DescriptionBUFFALO LAKE L 575 LEASED LD
Census Tract010700
Assessed Improvement Value$290,189
Assessment Year2025

About this property

This Buffalo Springs Lake property offers an incredible opportunity to make your dream home a reality. This home is priced with a remodel or new build in mind, allowing you the freedom to transform it into your ideal lake home. Situated above the road, you'll have a sense of privacy, while still being part of the vibrant and welcoming Buffalo Springs Lake community. Imagine spending your summers kayaking, fishing, or relaxing by the water—only minutes from your doorstep. Buffalo Springs Lake offers an oasis to the West Texas region. Take this blank canvas and make it yours.

Investor Tools

Property Icon
$290,189
Estimated Property Value
$167,766Estimated Mortgage Balance
$122,423Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,741 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,413
$290,189
2025
N/A
$290,189
$290,189
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,413
$290,189

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Bank
Investor Non-Conforming Loan
$170,000
No
First
Aug 20, 2025
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,766
$122,423
42%
58%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,020/mo
+$405/mo
5.9%

City: Lubbock

575 Comanche Dr | Property Details | No Agent List