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$292,724

NAL Estimated Property Value

5843 Grinnell St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,669 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.79 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

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 Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size5,503 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APNR339705
Lot Number1910
SubdivisionUptown West
Land UseResidential
Legal DescriptionUPTOWN WEST L 191
Census Tract010417
Assessed Land Value$40,000
Assessed Improvement Value$252,724
Assessment Year2025

About this property

Welcome to Uptown West! Trendy Location with Easy Access to the Loop and Texas Tech University. This Quality New Construction Home has Incredible Entertaining Space with Modern Finishes. This Home Features an Amazing Kitchen for an Affordable Price. Tons of Storage, Prep Space, Walk-In Pantry, and Stunning Granite Countertops. H U G E Island is Perfect for Entertaining...Kitchen Flows Right into Living Room. Warm Up with Wood-Burning Fireplace. The Space in this Living Room is Like None-Other! Secluded Primary Bedroom with Large Walk-In Closet and Built-Ins. Two Additional Bedrooms with Adequate Space for Children or Guests. Secluded Laundry Room, Two Car Garage with Extra Storage, and Cozy Back Porch. This House Is the Complete Package! Sod and Fence Will be Added Prior to Closing. Make This House your Home

Investor Tools

Property Icon
$292,724
Estimated Property Value
$240,895Estimated Mortgage Balance
$51,829Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,756 /month
Positive
Cash Flow Estimate:
$585 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,239
$292,724
2025
$40,000
$252,724
$292,724
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,239
$292,724

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Va
$260,865
Yes
First
Apr 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,895
$51,829
17%
82%
$1,565/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,565/mo
+$75/mo
6.7%

City: Lubbock

5843 Grinnell St | Property Details | No Agent List