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$254,966

NAL Estimated Property Value

7004 9th Street, Lubbock, TX, 79416

$255,440 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,700 Sq Ft
price_per_sqft$146.47 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range

Exterior

Lot Size5,040 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APNR350292
Land UseSingle Family Residential
Legal DescriptionBURGAMY PARK NORTH L 191
Census Tract000406
Assessed Land Value$35,000
Assessed Improvement Value$219,966
Assessment Year2025

About this property

Invest in your future with this beautiful and affordable Mia floor plan, designed with growing families in mind! Now made easier to invest with our $20,000 FLEX CASH!! The Mia's full-brick exterior cuts a striking figure with sharp lines and angles accented with cedar. You'll find four comfortable bedrooms and two modern bathrooms inside this thoughtfully laid-out, open-concept new home. Enjoy the convenience of a two-car garage, covered front and back patios, and a private fenced-in backyard offering the perfect space for kids and pets to run and play. Additionally, the Mia floor plan comes standard with the following features: Luxury vinyl plank flooring in the home's common areas. Open-concept kitchen, living, and dining area. Granite or quartz countertops throughout. Spacious kitchen island with bar seating and Stainless steel appliances.

Investor Tools

Property Icon
$254,966
Estimated Property Value
$210,427Estimated Mortgage Balance
$44,539Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$255,440
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$723
$254,966
2025
$35,000
$219,966
$254,966
No

Tax History

Year
Tax Paid
Assessed Value
2024
$723
$254,966

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Fha
$215,857
Yes
First
Dec 19, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,427
$44,539
17%
83%
$1,295/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,295/mo
+$625/mo
9.0%

City: Lubbock

7004 9th Street | Property Details | No Agent List