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$681,000

NAL Estimated Property Value

7606 Saratoga Ave, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,023 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.23 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Microwave, Water Softener, Water Softener Rented
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size35,650 sqft

Building Information

Year Built1998
Roof Type105
Garage Spaces817

Land Information

APNR138668
Lot Number310
SubdivisionPapalote South
Land UseResidential
Legal DescriptionPAPALOTE SOUTH L 31
Census Tract001716
Assessed Land Value$24,000
Assessed Improvement Value$601,000
Assessment Year2025

About this property

A completely remodeled home in a quiet neighborhood tucked into a culdesac. The home remodels include light fixtures, granite countertops through out, tile wood flooring, kitchen cabinets, back splash and upgraded appliances. Completely remodeled bathrooms and so much more. This home offers a 40x50 shop with an efficiency apartment or mother-in-law quarters. Great space outdoors for entertaining or playing that includes a saltwater/chlorine pool and hot tub. A true treasure in Papalote South. Call to schedule a private viewing today!

Investor Tools

Property Icon
$681,000
Estimated Property Value
$374,963Estimated Mortgage Balance
$306,037Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,086 /month
Positive
Cash Flow Estimate:
$1,362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,311/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,323
$625,000
2025
$24,000
$601,000
$625,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,323
$625,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$419,500
No
First
Nov 7, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,963
$306,037
44%
55%
$2,516/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,616/mo
$-926/mo
3.0%

City: Lubbock

7606 Saratoga Ave | Property Details | No Agent List