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A+
NoAgentList RatingHow are grades calculated?Info

$662,000

NAL Estimated Property Value

7607 Prentiss Ave, Lubbock, TX, 79424

$697,131 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.85 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Indoor Grill, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size34,818 sqft

Building Information

Year Built2002
Roof Type105
Garage Spaces3

Land Information

APNR159615
Lot Number950
SubdivisionPapalote South
Land UseResidential
Legal DescriptionPAPALOTE SOUTH L 95
Census Tract001716
Assessed Land Value$45,000
Assessed Improvement Value$542,850
Assessment Year2025

About this property

Gorgeous one owner home located in the Frenship School District in Papalote South on 1 acre. The main house features 3100 sq ft, a split basement, custom plantation shutters, a dream kitchen with Thermador professional appliances, new side by side refrigerator and freezer on order, new roof, new exterior paint, 2 hvac units,and a split 3 car garage that will fit a 1 ton truck. There is also a 1000 sq ft 1 bedroom apartment attached to the 50x60 shop. The shop includes a 400 sq ft office and a loft for storage. Plenty of room to roam, and even has room for a pool.

Investor Tools

Property Icon
$662,000
Estimated Property Value
$0Estimated Mortgage Balance
$662,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$697,130
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,972 /month
Positive
Cash Flow Estimate:
$1,324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,197
$587,850
2025
$45,000
$542,850
$587,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,197
$587,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$662,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
2.6%

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.

Explore Texas Explore This Area
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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7607 Prentiss Ave | Property Details | No Agent List