$403,000
NAL Estimated Property Value7303 74th St, Lubbock, TX, 79424
Off Market
Highlights
Interior
Exterior
Lot Size30,750 sqft
Building Information
Year Built2018
Roof Type105
Garage Spaces675
Land Information
APNR99201
Lot Number270
SubdivisionRancho Verde Estates
Land UseResidential
Legal DescriptionRANCHO VERDE ESTATES L 27
Census Tract010412
Assessed Land Value$37,500
Assessed Improvement Value$315,100
Assessment Year2025
About this property
Rancho Verde... Fabulous Place to Build your dream Home! Deed restrictions allow for up to 2 horses per lot. Frenship ISD ~2,000 sq ft minimum~
Investor Tools
$403,000
Estimated Property Value
$160,567Estimated Mortgage Balance
$242,433Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,122
$352,600
2025
$37,500
$315,100
$352,600
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,122
$352,600
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$180,000
No
First
Oct 14, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,567
$242,433
60%
40%
$1,080/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,080/mo
+$610/mo
5.0%
