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$280,000

5831 Harvard St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,665 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.51 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size6,050 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR339717
Lot Number2030
SubdivisionUptown West
Land UseResidential
Legal DescriptionUPTOWN WEST L 203
Census Tract010417
Assessed Land Value$40,000
Assessed Improvement Value$240,000
Assessment Year2025

About this property

Welcome home to this lovely open concept home in Frenship ISD. Great Proximity to campus and medical district. Walk into the living area with a beautiful tray ceiling, mosaic herringbone tiled corner fireplace. The spacious kitchen is finished with a beautiful island that seats four and comes complete with a coffee bar, quartz counters and custom cabinetry. The dining area is highlighed by an extra large sliding patio door that leads to the back patio and yard. Master bedroom features large walk in closet with built in storage. The ensuite has double vanities, walk in shower and a generously sized soaker tub. The guest bath is beautifully tiled and definitely not boring! Home will be finished with sprinkler system, sod, landscaping and a 6 ft. privacy fence. Comes with a builder's 10-2-1 warranty.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$237,065Estimated Mortgage Balance
$55,976Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,023
$280,000
2025
$40,000
$240,000
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,023
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$237,065
No
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,024
$55,976
19%
80%
$1,422/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,422/mo
+$218/mo
7.0%

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.

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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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5831 Harvard St | Property Details | No Agent List