Last 24 Hours
$230,000
NAL Estimated Property Value5865 Virginia Ave, Lubbock, TX, 79407
Off Market
3 Beds
2 Bath
1,497 Sq Ft
$144.62 / sqft
Built in 2024Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal
FlooringCarpet, Vinyl
Exterior
Lot Size3,523 sqft
Building Information
Year Built2023
Roof Type105
Garage Spaces1
Land Information
APNR345361
Lot Number1900
SubdivisionEscondido Crossing
Land UseResidential
Legal DescriptionESCONDIDO CROSSING L 190
Census Tract010419
Assessed Land Value$28,000
Assessed Improvement Value$157,699
Assessment Year2025
About this property
$5,000 Flex Cash offered with this beautiful Completed New Construction Townhome in Escondido Crossing. This 3 bedroom, 2 bath, and 1 car garage home boasts granite countertops, vinyl plank flooring, fenced and landscaped yard, and a great location in the Frenship School District. Can be sold together as a package property with 5863 Virginia and 5861 Virginia. Both 5863 and 5865 are currently rented and 5861 will be leased beginning May 1. Perfect for investors!!
Investor Tools
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,931
$185,699
2025
$28,000
$157,699
$185,699
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,931
$185,699
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,000
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
7.4%
12.4%