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$310,000

NAL Estimated Property Value

5907 Fordham St, Lubbock, TX, 79416

$348,331 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,949 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.07 / 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
AppliancesCooktop, Disposal, Dishwasher, Microwave
FlooringCarpet

Exterior

Lot Size6,996 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR344307
Lot Number2590
SubdivisionUptown West
Land UseResidential
Legal DescriptionUPTOWN WEST L 259
Census Tract010417
Assessed Land Value$40,000
Assessed Improvement Value$264,362
Assessment Year2025

About this property

Wow! Stunning Hub City Custom Homes new construction in Uptown West. This 3/2/2 on an oversized lot has all the extras! The design elements found in this home are on trend, yet classic. Upon entering you will be blown away by the light filled living space featuring a lovely fireplace and a cathedral ceiling with beam. Hub City does an incredible job at maximizing space in order to satisfy the needs of today's buyer. The addition of desk space, a buffet counter with storage, and a quartz countertop in pantry with storage, are masterfully incorporated into this home. The kitchen is absolutely beautiful and offers gas cooking, a large island, and abundant storage. Now offering several options for buyer incentives, don't miss your chance to see this one!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$231,256Estimated Mortgage Balance
$78,744Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$348,331
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,488
$304,362
2025
$40,000
$264,362
$304,362
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,488
$304,362

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$244,300
No
First
Jun 7, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,256
$78,744
25%
75%
$1,465/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,465/mo
+$175/mo
6.3%

City: Lubbock