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Days171Days on Market
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$285,000

7107 23rd St, Lubbock, TX, 79407

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.52 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,381 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNR340138
Lot Number2680
SubdivisionBushland Springs
Land UseResidential
Legal DescriptionBUSHLAND SPRINGS L 268
Census Tract001714
Assessed Land Value$35,000
Assessed Improvement Value$207,000
Assessment Year2025

About this property

Is there a 4-bed, 2-bath, 2-car garage home in Frenship ISD with a generously-sized backyard and modern finishes available in Lubbock? YEP! And it just became your best friend! This well-kept, one-owner home feeds into the newly opened and award-winning Frenship Memorial High School. It offers space, comfort, and standout details at almost 1,700 square feet. Built in 2022 by Dream Built Homes, this gem offers a layout that delivers function and flow. The open-concept living area features a cozy fireplace, boats granite countertops throughout and durable luxury vinyl plank flooring in the high-traffic areas. The four bedrooms are well-sized, with a smart split arrangement for added privacy, including an isolated primary bedroom and an isolated guest room. Step outside to a generously sized backyard — ideal for gatherings, pets, or future plans. A two-car garage adds everyday convenience (or a place to practice karate... or the jazz flute), while the location puts you minutes from schools, shopping, and essentials. If you walk into this home and fell like it's telling you, "I'm kind of a big deal. People know me," well duh, cause this home lives up to that vibe — confident, comfortable, and ready to welcome its next chapter-- aka, YOU! Well-designed, move-in ready, and zoned to one of Lubbock's most coveted schools districts, this home checks the boxes for everyday living and future value! Check it out to AND ask us about assuming the seller's current interest rate!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$266,800Estimated Mortgage Balance
$33,829Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Jordan Linnenkugel

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,604
$242,000
2025
$35,000
$207,000
$242,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,604
$242,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$266,800
Yes
First
Aug 15, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,171
$33,829
11%
88%
$1,600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,600/mo
+$72/mo
7.1%

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.

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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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7107 23rd St | Property Details | No Agent List