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$337,000

NAL Estimated Property Value

7702 Lynnhaven Ave, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,855 Sq Ft
price_per_sqft$87.53 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Double Oven, Electric Cooktop
FlooringCarpet, Tile

Exterior

Lot Size12,362 sqft

Building Information

Year Built1976
Roof Type105
Garage Spaces2

Land Information

APNR50513
Lot Number2440
SubdivisionMelonie Park South
Land UseResidential
Legal DescriptionMELONIE PARK SOUTH L 244
Census Tract001904
Assessed Land Value$35,850
Assessed Improvement Value$240,944
Assessment Year2025

About this property

The buyer has not sold their home so please feel free to show to your buyers!!! Wonderful home in Melonie Park South!! Large mature trees make this backyard a true oasis, with 3 covered areas for entertaining. The home features 4 LARGE bedrooms, new interior paint including new paint on the kitchen cabinets, newer double ovens, newer dishwasher, wood tile flooring throughout the living areas. This home has an attractive metal roof, sprinkler system in the front yard, large corner lot with lots of parking! You will appreciate how well this home has been maintained and loved. Great home with great schools, restaurants, and grocery stores close by!

Investor Tools

Property Icon
$337,000
Estimated Property Value
$148,670Estimated Mortgage Balance
$188,330Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,050
$276,794
2025
$35,850
$240,944
$276,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,050
$276,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Conventional
$167,000
No
First
Sep 10, 2020
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,670
$188,330
55%
44%
$1,002/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,002/mo
+$818/mo
6.5%

City: Lubbock

7702 Lynnhaven Ave | Property Details | No Agent List