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$317,000

NAL Estimated Property Value

7704 Louisville Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,718 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.73 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,475 sqft

Building Information

Year Built1972
Roof Type105
Garage Spaces2

Land Information

APNR49421
Lot Number2030
SubdivisionMelonie Park South
Land UseResidential
Legal DescriptionMELONIE PARK SOUTH L 203
Census Tract001904
Assessed Land Value$24,000
Assessed Improvement Value$273,159
Assessment Year2025

About this property

Nestled in the heart of Melonie Park South, this cozy and thoughtfully updated home immediately feels welcoming. With 3 bedrooms, 2 bathrooms, a true dining room, and a basement, the layout offers both comfort and flexibility for everyday living. The spacious kitchen is a standout, designed with custom cabinetry featuring pull-out shelving, deep drawers, and a pull-out sheet pan rack in the island—details that make cooking and storage effortless. Recent updates include a new water heater, adding peace of mind for the next owner. The primary suite is a true retreat, highlighted by a large fireplace that creates a warm, relaxing space to unwind. Throughout the home, thoughtful updates blend seamlessly with timeless charm, creating an atmosphere that feels both functional and inviting. Whether you're hosting, relaxing, or simply enjoying the comfort of home, this Melonie Park South property offers a rare combination of character, updates, and livability—one that truly feels like home.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$289,163Estimated Mortgage Balance
$27,837Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,022
$297,159
2025
$24,000
$273,159
$297,159
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,022
$297,159

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Unknown
$290,000
No
First
Mar 3, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,163
$27,837
8%
91%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,739/mo
+$81/mo
6.9%

City: Lubbock

7704 Louisville Ave | Property Details | No Agent List