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$410,000

NAL Estimated Property Value

7623 53rd St, Lubbock, TX, 79407

$462,416 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,334 Sq Ft
price_per_sqft$188.09 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Double Oven, Free-Standing Gas Range
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,440 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR342493
Lot Number1410
SubdivisionEscondido Ranch
Land UseResidential
Legal DescriptionESCONDIDO RANCH L 141
Census Tract010419
Assessed Land Value$50,000
Assessed Improvement Value$352,418
Assessment Year2025

About this property

Some homes just check boxes. This one actually stands out. Located in Escondido Ranch and zoned to Frenship ISD, this 4 bedroom, 3.5 bath home brings together the kind of layout and finishes people are actually looking for right now. The open-concept design feels clean, open, and functional with custom cabinetry, a beautiful fireplace, and a kitchen built to handle real life... stainless appliances, gas cooktop, convection oven, oversized pantry, and a breakfast bar that keeps everyone connected. The isolated primary suite gives you a true retreat with a soaking tub, double vanities, and a walk-in closet with built-ins that actually make sense. The additional bedrooms offer plenty of room for family, guests, office space, or whatever fits your lifestyle. Outside, you've got a fully fenced backyard, sprinkler system, and fresh sod already in place. Plus you're conveniently located near shopping, dining, and everyday essentials. This one just feels right the second you walk in. 

Investor Tools

Property Icon
$410,000
Estimated Property Value
$415,530Estimated Mortgage Balance
$410,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$462,415
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,094
$402,418
2025
$50,000
$352,418
$402,418
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,094
$402,418

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$402,930
Yes
First
Feb 7, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,530
N/A
0%
101%
$2,548/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$2,548/mo
$-876/mo
4.9%

City: Lubbock

7623 53rd St | Property Details | No Agent List