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$545,000

NAL Estimated Property Value

6001 88th Street, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,146 Sq Ft
price_per_sqft$170.06 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Oven, Stainless Steel Appliance(s), Water Softener
FlooringCarpet, Hardwood, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard, Rain Gutters, Smart Irrigation
Lot Size9,111 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces3

Land Information

APNR307808
Lot Number5450
SubdivisionRegal Park
Land UseResidential
Legal DescriptionREGAL PARK L 545
Census Tract010415
Assessed Land Value$35,000
Assessed Improvement Value$428,840
Assessment Year2025

About this property

Step inside this stunning home that perfectly blends comfort and style! Featuring custom cabinets and countertops in the kitchen, along with ceramic tile and beautiful hardwood floors. The sunroom is a standout feature—designed with floor drains, making it perfect for plant lovers, creating a bright indoor garden space, or simply relaxing with your morning coffee while enjoying the peaceful surroundings year-round. The basement adds incredible flexibility, offering the perfect space for a second living area, game room, home gym, or extra storage—tailor it to fit your lifestyle needs. The isolated master bedroom offers privacy, while the versatile 4th bedroom can easily serve as a home office. The second bedroom includes its own private bathroom with a shower—ideal for guests or family. Located on a quiet cul-de-sac, this home offers both comfort and convenience. Don't miss your chance to make this beautiful home yours!

Investor Tools

Property Icon
$545,000
Estimated Property Value
$214,665Estimated Mortgage Balance
$330,335Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,270 /month
Positive
Cash Flow Estimate:
$1,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,219
$463,840
2025
$35,000
$428,840
$463,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,219
$463,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$313,500
No
First
Nov 27, 2012
Dec 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,665
$330,335
60%
39%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
N/A
+$1,690/mo
3.7%

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.

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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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6001 88th Street | Property Details | No Agent List