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$236,000

NAL Estimated Property Value

7021 9th Street, Lubbock, TX, 79416

$237,904 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
price_per_sqft$143.75 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet

Exterior

Lot Size5,086 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APNR350280
Land UseSingle Family Residential
Legal DescriptionBURGAMY PARK NORTH L 179
Census Tract000406
Assessed Land Value$35,000
Assessed Improvement Value$184,106
Assessment Year2025

About this property

Invest in your future today with $10,000 in flex cash on this 1,600 square foot affordable new home. The Pamela exterior welcomes you with a covered front porch, triple columns, and an open concept floor plan inside with 3 bedrooms and 2 bathrooms. This quality new home is complete with a two-car garage, three additional storage closets to stay organized, a kitchen island for your latest gourmet creation, and a front and back yard with a covered patio. *Painted brick available as an upgrade to our Pamela floor plan.

Investor Tools

Property Icon
$236,000
Estimated Property Value
$213,671Estimated Mortgage Balance
$22,329Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$237,904
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$723
$219,106
2025
$35,000
$184,106
$219,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$723
$219,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Fha
$220,924
Yes
First
Jul 31, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,671
$22,329
9%
91%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,325/mo
+$315/mo
8.3%

City: Lubbock

7021 9th Street | Property Details | No Agent List