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$303,370

NAL Estimated Property Value

7109 Marsha Sharp Freeway, Lubbock, TX, 79407

$394,381 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,500 Sq Ft
price_per_sqft$118.16 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size18,731 sqft

Building Information

Year Built1981

Land Information

APNR38970
Lot Number1780
SubdivisionPapalote Est
Land UseCommercial
Legal DescriptionBLK AK SEC 30 AB 1421 TR A1 & A3 PAPALOTE EST ACS: .430
Census Tract001716
Assessed Land Value$93,655
Assessed Improvement Value$209,715
Assessment Year2025

About this property

Don't miss your opportunity on this great commercial property ideally located on Marsha Sharp frontage road. You're sure to receive plenty of exposure with this perfect location with a high traffic area. Right down the street from 4ore, this 5500 sq ft building could be the perfect opportunity for your business. This commercial building has a beautiful showroom, along with plenty of work space and storage in the back of the building. Also includes its own well and septic, which will save you big time in the long run!

Investor Tools

Property Icon
$303,370
Estimated Property Value
$0Estimated Mortgage Balance
$303,370Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$394,381
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,400
$303,370
2025
$93,655
$209,715
$303,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,400
$303,370

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$303,370
100%
0%
$0/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.

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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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7109 Marsha Sharp Freeway | Property Details | No Agent List