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$204,900

5802 Urbana Pl, Lubbock, TX, 79407

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,422 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$144.09 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size3,862 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces399

Land Information

APNR345413
Lot Number2420
SubdivisionEscondido Crossing
Land UseResidential
Legal DescriptionESCONDIDO CROSSING L 242
Census Tract010419
Assessed Land Value$40,000
Assessed Improvement Value$155,991
Assessment Year2025

About this property

Well-maintained 3-bedroom, 2-bath townhome with a 2-car garage in desirable Frenship ISD! Conveniently located to Ridgewood Elementary and Alcove Trails Middle School. This home offers a functional floor plan, spacious living areas, and low-maintenance living. Perfect for first-time buyers, families, students, or investors seeking a great rental opportunity. Enjoy the convenience of nearby schools, shopping, dining, and easy access to major roads. Don't miss this great opportunity!

Investor Tools

$131,180Estimated Mortgage Balance
$107,820Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

Interested in this property?

Han Li

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,035
$195,991
2025
$40,000
$155,991
$195,991
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,035
$195,991

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$139,055
No
First
Jul 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,180
$107,820
45%
55%
$834/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$834/mo
+$591/mo
7.2%

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.

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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5802 Urbana Pl | Property Details | No Agent List