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Days28Days on Market
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$340,000

5921 Grinnell Street, Lubbock, TX, 79416

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,941 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.17 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven, Microwave
FlooringCarpet, Plank, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,408 sqft

Building Information

Garage Spaces2

Land Information

APNR344280
Lot Number2320
SubdivisionUptown West
Land UseResidential
Legal DescriptionUPTOWN WEST L 232
Census Tract010417
Assessed Land Value$40,000
Assessment Year2025

About this property

Experience the quality and craftsmanship of Rustic Homes in this stunning new construction 4-bedroom, 2-bath, 2-car garage home. Thoughtfully designed with an open-concept floor plan, this home offers spacious living, abundant natural light, and stylish finishes throughout. The inviting living area flows seamlessly into the kitchen, featuring custom cabinetry, beautiful countertops, and ample workspace for entertaining. The isolated primary suite provides a private retreat with a luxurious bath and generous closet space. Three additional bedrooms offer flexibility for family, guests, or a home office. Located in desirable Uptown West, this is currently the only new construction home available in the neighborhood, offering a rare opportunity to enjoy modern living in one of Lubbock's most sought-after communities.

Investor Tools

$243,996Estimated Mortgage Balance
$841,004Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,510 /month
Positive
Cash Flow Estimate:
$2,170 /month

Interested in this property?

Gina Sutton

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$824
$40,000
2025
$40,000
N/A
$40,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$824
$40,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Building Or Construction Loan
$246,507
No
First
Dec 8, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,996
$841,004
77%
22%
$1,478/mo

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.

Explore Texas Explore This Area
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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