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$168,000

NAL Estimated Property Value

7707 Vernon Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,288 Sq Ft
price_per_sqft$97.05 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,667 sqft

Building Information

Year Built1980
Roof Type114
Garage Spaces2

Land Information

APNR85277
Lot Number1020
SubdivisionSandlewood Village
Land UseResidential
Legal DescriptionSANDLEWOOD VILLAGE L 102
Census Tract002205
Assessed Land Value$25,000
Assessed Improvement Value$138,756
Assessment Year2025

About this property

Clean as a pen.

Investor Tools

Property Icon
$168,000
Estimated Property Value
$105,070Estimated Mortgage Balance
$62,930Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,024
$163,756
2025
$25,000
$138,756
$163,756
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,024
$163,756

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$118,750
No
First
Jun 16, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,070
$62,930
37%
63%
$712/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$712/mo
+$838/mo
11.1%

City: Lubbock

7707 Vernon Ave | Property Details | No Agent List