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$230,000

7705 Dixon Ave, Lubbock, TX, 79423

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.99 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Range
FlooringCarpet, Tile

Exterior

Lot Size6,050 sqft

Building Information

Year Built1981
Garage Spaces2

Land Information

APNR77299
Lot Number2435
SubdivisionTimes Square
Land UseResidential
Legal DescriptionTIMES SQUARE L 243-B
Census Tract002102
Assessed Land Value$15,950
Assessed Improvement Value$183,310
Assessment Year2025

About this property

This 3 bedroom, 2 bath home is tucked away in the most beautiful cul-de-sac in Lubbock! Established trees, and landscaping highlight this home as well as the homes around it! Metal roof, newer HVAC, fresh paint, newly remodeled kitchen with HUGE eat-in granite island, new appliances and back splash. This one has modern touches with the same warmth and tradition of a home well loved over the years.

Investor Tools

$158,923Estimated Mortgage Balance
$222,000Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Mike O'Brien

Coldwell Banker Trusted Adviso

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,842
$199,260
2025
$15,950
$183,310
$199,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,842
$199,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Monroc R Tripp Etal
Commercial
$165,500
No
First
Oct 11, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,923
$58,077
26%
72%
$888/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$888/mo
+$662/mo
8.4%

City: Lubbock

7705 Dixon Ave | Property Details | No Agent List