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$240,000

NAL Estimated Property Value

7005 15th, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
price_per_sqft$145.5 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Free-Standing Range, Microwave
FlooringLuxury Vinyl

Exterior

Lot Size6,270 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APNR350296
Land UseRes. Lot(S) W/Wo Unoccupied Sfr - Spl. Assmt
Legal DescriptionBURGAMY PARK L 303
Census Tract000406
Assessed Land Value$24,500
Assessed Improvement Value$170,000
Assessment Year2025

About this property

BUY NOW and get $20k in FLEX CASH! on Our Adalynn floor plan. This plan boasts an affordable and spacious option for new home buyers in West Texas. The Adalynn floor plan features: Brick exterior accented by a grand tower entryway, 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. Stainless steel appliances. Enclosed pantry. Three additional storage closets. Premium plumbing and lighting fixtures. Secluded master suite with walk-in closet. Covered back patio. Call today to make this home yours!

Investor Tools

Property Icon
$240,000
Estimated Property Value
$226,931Estimated Mortgage Balance
$13,069Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$723
$194,500
2025
$24,500
$170,000
$194,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$723
$194,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Link
Va
$232,425
Yes
First
Jan 21, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,931
$13,069
5%
95%
$1,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,394/mo
+$246/mo
8.2%

City: Lubbock

7005 15th | Property Details | No Agent List