$582,000
NAL Estimated Property Value7301 74th St, Lubbock, TX, 79424
Off Market
Highlights
Interior
Exterior
Lot Size30,125 sqft
Building Information
Year Built2021
Roof Type105
Garage Spaces816
Land Information
APNR99244
Lot Number280
SubdivisionRancho Verde Estates
Land UseResidential
Legal DescriptionRANCHO VERDE ESTATES L 28
Census Tract010412
Assessed Land Value$37,500
Assessed Improvement Value$455,626
Assessment Year2025
About this property
Rancho Verde Estates... Fabulous Place to Build Your Dream Home! Deed Restrictions Allow For Up to 2 Horses Per Lot ~1800 sq ft Minimum~ Buyer Will Need Well & Septic OR City Can Provide a Water Tap for Approximately $2,000, Then Only Septic Needed- Frenship ISD!
Investor Tools
$582,000
Estimated Property Value
$383,174Estimated Mortgage Balance
$198,826Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,492 /month
Positive
Cash Flow Estimate:
$1,164 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,118/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,506
$493,126
2025
$37,500
$455,626
$493,126
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,506
$493,126
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$421,200
No
First
Aug 27, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,174
$198,826
34%
66%
$2,526/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,526/mo
$-836/mo
3.5%
