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$246,000

NAL Estimated Property Value

6902 Freeport Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,795 Sq Ft
price_per_sqft$105.29 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Double Oven, Dishwasher, Electric Cooktop, Microwave, Water Softener, Water Softener Rented
FlooringCarpet

Exterior

Lot Size5,360 sqft

Building Information

Year Built1995
Roof Type105
Garage Spaces2

Land Information

APNR139766
Lot Number220
SubdivisionPheasant Ridge
Land UseResidential
Legal DescriptionPHEASANT RIDGE L 22
Census Tract001717
Assessed Land Value$25,728
Assessed Improvement Value$178,512
Assessment Year2025

About this property

CHARMING 3/2/2 Garden Home! Located on a corner lot that is beautifully landscaped on cul-de-sac street, this beautiful home offers great space for entertaining. Large formal living room with high ceiling flows to the formal dining area. Family den features gas fireplace. Kitchen features breakfast bar, new microwave/oven combo and new cooktop. Isolated master suite provides double vanities, safe step bathtubs($14,000 value), separate shower & large walk-in closet. Other features include plantation shutters, new paint job with neutral colors, sprinkler system & established landscaping. Convenient south Lubbock location!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$0Estimated Mortgage Balance
$246,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,438
$204,240
2025
$25,728
$178,512
$204,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,438
$204,240

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$120/mo
+$1,320/mo
7.0%

City: Lubbock

6902 Freeport Ave | Property Details | No Agent List