$204,900
5802 Urbana Pl, Lubbock, TX, 79407
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
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
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%
