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$265,000

NAL Estimated Property Value

7105 County Road 6300 Unit 7, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,712 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.78 / sqft
Year BuiltBuilt in 1996

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, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringHardwood, Tile

Exterior

Lot Size1 acre

Building Information

Year Built1996
Roof Type114
Garage Spaces2

Land Information

APNR140854
Lot Number12155
Land UseSingle Family Residential
Legal DescriptionBLK JS SEC 25 AB 337 TR 21B MCPHERSON TRS AC: 1
Census Tract010417
Assessed Land Value$16,000
Assessed Improvement Value$153,392
Assessment Year2025

About this property

Great opportunity with this rare find in Shallowater ISD! Enjoy your evenings with unobstructed views of a West Texas sunset. Located on a 1 acre lot, this home features three spacious bedrooms, isolated main bedroom and en suite, two living areas/flex spaces, mature trees and much more. Steel reinforced 20x18 workshop. 2 car garage with storage/freezer space. Recent paint and roof! Private well and septic.

Investor Tools

Property Icon
$265,000
Estimated Property Value
$96,772Estimated Mortgage Balance
$168,228Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,613
$169,392
2025
$16,000
$153,392
$169,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,613
$169,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$107,200
No
First
Apr 6, 2021
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,772
$168,228
63%
37%
$643/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$643/mo
+$997/mo
7.4%

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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7105 County Road 6300 Unit 7 | Property Details | No Agent List