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$341,000

7307 Primrose Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.41 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Cooktop, Disposal, Double Oven, Dishwasher, Gas Cooktop, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size6,900 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR324449
Lot Number1480
SubdivisionPrimrose Pointe
Land UseResidential
Legal DescriptionPRIMROSE POINTE L 148
Census Tract001716
Assessed Land Value$32,800
Assessed Improvement Value$281,290
Assessment Year2025

About this property

Stylish & Affordable 3 Bedroom 2 Bath Home in Primrose Pointe by Ventura Homes! You will love the durability of the Vinyl Wood Plank Flooring that Extends through the Family Room, w/ Stone Fireplace & Vaulted Ceiling, Dining Room & Kitchen~ The Stunning Kitchen features Granite Countertops~ Designer Tile Backsplash~ 4 Burner Gas Cooktop~ Custom Vent Hood~ Stainless Steel Appliances including Double Oven & Commercial Side By Side Refrigerator & Freezer~ Double doors to Side Patio & Rear Covered Patio! Tucked away in the Rear of the Home is the Master Suite Retreat w/ Bay Window to view the back yard~ A Private Vestibule w/ Built-in Office Space leads the way~ The Master Bath Boasts of Double Vanities~ Tiled Shower~ Separate Tub~ & Ample Closet Space~ A full bath w/ Double Vanities Separates the 2 Guest Rooms~ Additional Features included are 2 Faux Wood Blinds~ Mud Bench~ Oil Rubbed Bronze Hardware~ Built-in Linen Storage in Baths & Laundry Room~ Large Pantry~ Sprinkler, Sod, & tree.

Investor Tools

Property Icon
$341,000
Estimated Property Value
$255,192Estimated Mortgage Balance
$133,512Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,046 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,313
$314,090
2025
$32,800
$281,290
$314,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,313
$314,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Bank
Fha
$255,192
Yes
First
May 5, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,488
$133,512
39%
61%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,531/mo
$-91/mo
5.1%

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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7307 Primrose Ave | Property Details | No Agent List