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$214,900

6903 Hope Avenue, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,402 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.28 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,649 sqft

Building Information

Year Built1985
Roof Type105
Garage Spaces2

Land Information

APNR86075
Lot Number1660
SubdivisionStonegate
Land UseResidential
Legal DescriptionSTONEGATE L 166
Census Tract001717
Assessed Land Value$15,860
Assessed Improvement Value$179,267
Assessment Year2025

About this property

Adorable, Updated (even a few NEW windows!) & Lender Credits available! This home is ready for its next owner! This 3-bedroom, 2-bath, 2-car garage home offers an inviting layout with an isolated primary suite designed for privacy and comfort. Recent improvements include fresh interior paint and newer carpet within the last two years. New Water Heater (Oct 2025)! This home offers a warm and welcoming atmosphere from the moment you walk in. A NEW Anderson front window and some additional updated windows across the rear of the home plus updated zebra blinds enhance both natural light and energy efficiency. The generously sized backyard is a standout feature, offering beautiful morning sunshine and cool afternoon shade. Ideal for morning coffee on the patio, weekend gatherings, or simply unwinding at the end of the day. Situated in Frenship ISD and conveniently located near South Loop 289 and the Milwaukee Corridor, this home combines comfort, convenience, and everyday livability. Welcome Home!

Investor Tools

$189,226Estimated Mortgage Balance
$8,774Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,289 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Andrea Bodine

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,106
$195,127
2025
$15,860
$179,267
$195,127
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,106
$195,127

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$194,413
Yes
First
Dec 16, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,226
$8,774
4%
96%
$1,166/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,166/mo
+$274/mo
8.7%

City: Lubbock

6903 Hope Avenue | Property Details | No Agent List