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$239,000

NAL Estimated Property Value

5863 Virginia Ave, Lubbock, TX, 79407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,578 Sq Ft
price_per_sqft$135.3 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Free-Standing Range
FlooringVinyl

Exterior

Lot Size2,990 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces1

Land Information

APNR345362
Lot Number1910
SubdivisionEscondido Crossing
Land UseResidential
Legal DescriptionESCONDIDO CROSSING L 191
Census Tract010419
Assessed Land Value$28,000
Assessed Improvement Value$154,305
Assessment Year2025

About this property

$5,000 Flex Cash offered on this beautiful New Construction Townhome in Escondido Crossing. This 3 bedroom, 2 bath, and 1 car garage boasts granite countertops, vinyl plank flooring, fenced and landscaped yard, and a great location in Frenship School District. Can be sold together as a package property with 5865 Virginia and 5861 Virginia. Both 5863 and 5865 are currently rented and 5861 will be leased beginning May 1. Perfect for investors!!

Investor Tools

Property Icon
$239,000
Estimated Property Value
$0Estimated Mortgage Balance
$239,000Estimated Equity
100% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,902
$182,305
2025
$28,000
$154,305
$182,305
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,902
$182,305

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$239,000
100%
0%
$0/mo

Rental Potential

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

City: Lubbock

5863 Virginia Ave | Property Details | No Agent List