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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
Single Family ResidenceSingle Family Residence
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%

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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7001 Oxford Ave | Property Details | No Agent List