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$200,764

5811 11th Place Unit #15, Lubbock, TX, 79416

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,678 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$101.31 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Cooktop, Disposal, Dishwasher, Electric Cooktop, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet

Exterior

Lot Size3,929 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APNR167675
Lot Number150
SubdivisionOaks The
Land UseResidential
Legal DescriptionOAKS THE L 15 & 1/16TH UDI L 17 (ROAD)
Census Tract000408
Assessed Land Value$22,400
Assessed Improvement Value$178,364
Assessment Year2025

About this property

Fantastic Townhouse In Charming Area - The Oaks! This Area Features A Gated Front, Brick Paver Street, & Many Beautiful Amenities. This Townhouse Has A Very Open Floor Plan With A Welcoming Entry, Large & Open Living Area, Expandable Dining Area For Those Special Gatherings, Gorgeous Kitchen With Beautiful Cabinetry & Open To Living & Dining Area, Handsome Corner Fireplace, Lots Of Hard Surface Flooring & Plantation Shutters. Spacious Master Bedroom With A Wonderful Separate Shower & Large Walk-In Closet. 2nd Bedroom Has a Large Closet As Well. Great Storage. Relax On The Covered Patio - Dressed Up With Tile Flooring & Leads to A Conveniently Sized Backyard With Brick Fencing. This Charmer Is A Definite - MUST SEE!

Investor Tools

Property Icon
$200,764
Estimated Property Value
$0Estimated Mortgage Balance
$53,964Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,205 /month
Positive
Cash Flow Estimate:
$402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,041
$200,764
2025
$22,400
$178,364
$200,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,041
$200,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Conventional
$164,900
No
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,800
$53,964
26%
73%
$989/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
$1,529/mo
$-359/mo
7.0%

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.

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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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5811 11th Place Unit #15 | Property Details | No Agent List