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$311,938

NAL Estimated Property Value

6943 12th Street, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,835 Sq Ft
price_per_sqft$179.78 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Microwave
FlooringLaminate

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size5,836 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APNR345890
Lot Number2680
SubdivisionBurgamy Park
Land UseResidential
Legal DescriptionBURGAMY PARK L 268
Census Tract000406
Assessed Land Value$35,000
Assessed Improvement Value$276,938
Assessment Year2025

About this property

$5000 HOLIDAY INCENTIVES!!! Exceptional new construction by Robust Homes! This spacious property offers 3 bedrooms, 2 full bathrooms, & an oversized 2-car garage. The open-concept design with custom finishes throughout creates a sense of freedom & comfort. The beautiful kitchen features quartz countertops, custom cabinets, a gas cooktop, double oven, & a spacious pantry. A nice coffee bar leads to the luxurious ensuite main bedroom, complete with a large walk-in closet, an expansive shower, & a separate tub perfect for unwinding after a long day. Step outside to enjoy the cozy outdoor fireplace, ideal for crisp Autumn evenings. This beautiful home offers so many amazing features, including vaulted ceilings in the living room & dining room with exposed wood beams, a tray ceiling in the master with wood planks, an office nook, quartz & design tiles in the bathrooms, & an outdoor gas connection. Situated in the heart of Burgamy Park, conveniently located near TTU

Investor Tools

Property Icon
$311,938
Estimated Property Value
$0Estimated Mortgage Balance
$311,938Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$723
$311,938
2025
$35,000
$276,938
$311,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$723
$311,938

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$311,938
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
N/A
+$1,920/mo
7.4%

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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6943 12th Street | Property Details | No Agent List