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$220,000

7016 34th Place, Lubbock, TX, 79407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,503 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.37 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Must-SellHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range, Microwave, Water Purifier, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesLighting, Playground
Lot Size6,500 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR328011
Lot Number4560
SubdivisionMilwaukee Ridge
Land UseResidential
Legal DescriptionMILWAUKEE RIDGE L 456A & 456B
Census Tract010419
Assessed Land Value$19,500
Assessed Improvement Value$206,749
Assessment Year2025

About this property

Welcome home to this beautifully maintained 3-bedroom, 2-bath home nestled in the heart of the highly desirable Milwaukee Ridge community! Located in the award-winning Frenship Independent School District and just minutes from Marsha Sharp Freeway, Loop 289, shopping, dining, and everyday conveniences, this location truly puts all of Lubbock within easy reach. Built in 2016, this home offers the kind of functional layout today's buyers are searching for — featuring an open-concept kitchen and living space that feels warm, inviting, and perfect for gathering with family and friends. You'll love the isolated primary suite, granite countertops, stainless steel appliances, and thoughtful finishes throughout that make this home move-in ready from day one. The current owners have also taken great care of the home with important updates already completed for you, including newer carpet installed just a couple of years ago, exterior window trim replaced around the home, gutters installed, plus a brand-new roof on both the home and pergola installed in March 2026 — offering added value and peace of mind for years to come. But what truly makes this home special is the community surrounding it. Milwaukee Ridge is known for its strong sense of neighborhood pride, beautifully maintained amenities, family-friendly atmosphere, and active community events throughout the year. Residents enjoy access to the neighborhood park and pool, and other amenities designed to bring neighbors together and create the kind of community people are proud to call home. At $220,000, opportunities like this don't come around often in today's market. Whether you're a first-time buyer, growing family, or simply looking for a place that feels like home the moment you walk in — this one deserves a spot at the top of your list!

Investor Tools

Property Icon
$226,249
Estimated Property Value
$0Estimated Mortgage Balance
$226,249Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,357 /month
Positive
Cash Flow Estimate:
$452 /month

Interested in this property?

Rachel Smith

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,531
$226,249
2025
$19,500
$206,749
$226,249
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,531
$226,249

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,249
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$420/mo
+$1,005/mo
7.6%

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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7016 34th Place | Property Details | No Agent List