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$275,000

NAL Estimated Property Value

7001 Oxford Ave, Lubbock, TX, 79413

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,322 Sq Ft
price_per_sqft$62.45 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesOther
Lot Size8,445 sqft

Building Information

Year Built1970
Roof Type105
Garage Spaces2

Land Information

APNR42047
Lot Number7400
SubdivisionMelonie Park
Land UseResidential
Legal DescriptionMELONIE PARK L 740
Census Tract001908
Assessed Land Value$27,580
Assessed Improvement Value$239,924
Assessment Year2025

About this property

Truly stunning! Amazingly updated Melonie Park home! Nothing has gone untouched or unimproved in this spacious 3/2/2/ w/ 2 living areas. Darling curb appeal on a quiet culdesac, as you move inside to wood-tile flooring, newer carpet, fresh paint & updated lighting throughout. Living room w/ vaulted ceiling is open to the gourmet kitchen w/ double ovens, 5 burner gas stove, built-in fridge, walk in pantry & gorgeous granite counters. Large guest bedrooms & gorgeous guest bath with granite & double sinks. The isolated master w/ 2 closets, double sinks, updated walk-in shower and doors to the pretty patio. Backyard perfect for entertaining w/ huge covered patio, outdoor kitchen & beautiful trees.

Investor Tools

Property Icon
$275,000
Estimated Property Value
$215,856Estimated Mortgage Balance
$59,144Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,936
$267,504
2025
$27,580
$239,924
$267,504
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,936
$267,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Commercial
$233,750
No
First
Apr 5, 2022
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,856
$59,144
21%
78%
$1,402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,402/mo
+$268/mo
7.3%

City: Lubbock

7001 Oxford Ave | Property Details | No Agent List