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$339,900

7013 18th Place, Lubbock, TX, 79416

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,993 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.55 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Free-Standing Range, Microwave, Range
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,819 sqft

Building Information

Garage Spaces2

Land Information

APNR344380
Lot Number1360
SubdivisionBurgamy Park
Land UseResidential
Legal DescriptionBURGAMY PARK L 136
Census Tract000406
Assessed Land Value$35,000
Assessment Year2025

About this property

SELLER IS OFFERING A $5,000 closing allowance! Beautiful brand new construction home in Frenship ISD! This 4 bedroom, 2 bath home offers a modern design, open floor plan, and abundant natural light throughout. You'll love the durable vinyl plank flooring throughout the home, stylish finishes, and thoughtfully designed layout that's perfect for everyday living and entertaining. The home also features a sprinkler system in both the front and backyard for easy maintenance. Sod will be installed in the backyard prior to closing, and buyers can purchase with confidence knowing the home comes with a 1-year builder warranty. Complete with a 2 car garage, this move-in ready new construction is one you won't want to miss!

Investor Tools

$207,211Estimated Mortgage Balance
$129,789Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Stuart Bartley

Taylor Reid Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$723
$35,000
2025
$35,000
N/A
$35,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$723
$35,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Building Or Construction Loan
$208,418
No
First
Feb 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,211
$129,789
38%
61%
$1,250/mo

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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7013 18th Place, Lubbock, TX 79416 | Property Details | No Agent List