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$194,900

7807 85th St, Lubbock, TX, 79424

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,417 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.54 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Exhaust Fan, Free-Standing Electric Range, Microwave, Oven, Range, Refrigerator
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesLighting, Private Yard, Storage
Lot Size5,500 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces2

Land Information

APNR316434
Lot Number1370
SubdivisionCambridge Way
Land UseResidential
Legal DescriptionCAMBRIDGE WAY L 137
Census Tract010412
Assessed Land Value$19,800
Assessed Improvement Value$173,140
Assessment Year2025

About this property

Welcome home to this beautifully maintained 2-bedroom, 2-bathroom single-story home nestled in the sought-after Cambridge Way addition of Lubbock with access to the highly regarded Frendship School District. Set beneath mature trees on a peaceful street, this residence blends timeless charm with modern livability and thoughtful ADA-accessible features that make it a rare find for buyers seeking single-level, wheelchair-friendly living. Step inside to soaring high ceilings that fill the open living space with natural light, complimented by granite countertops in the kitchen for a perfect combination of style and everyday function. The home has been designed with accessibility in mind, including wheelchair-accessible entries, wide doorways, and ADA-compliant features throughout, making it ideal for buyers with mobility needs, aging-in-place plans, or multigenerational living. The isolated primary suite offers a true private retreat, tucked away from the secondary bedroom for maximum privacy complete with its own en-suite bathroom. A clever pass-through closet connecting directly to the laundry room adds everyday convenience you'll appreciate. Behind the walls, premium batt insulation helps keep energy bills low year-round -- a smart, efficiency-focused upgrade that buyers and investors alike will value. Location is key and this home enjoys quick access to the Marsha Sharp Freeway, putting shopping, dining, and entertainment just minutes away. Commuters and students will love being minutes from Frenship schools, Texas Tech University and the Medical District making this home equally attractive to both homeowners or investors looking for a low-maintenance, high-demand rental property. Whether you're searching for an accessible single-story home, a low-maintenance investment property near Texas Tech, or a move-in ready home in Friendship ISD, this Cambridge Way gem checks every box. Schedule your private showing today!

Investor Tools

$47,411Estimated Mortgage Balance
$173,589Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Nick Simpson

Better Homes and Gardens

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,972
$192,940
2025
$19,800
$173,140
$192,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,972
$192,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$50,000
No
First
Nov 30, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,411
$173,589
78%
21%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,030/mo
$300/mo
+$730/mo
5.6%

City: Lubbock

7807 85th St | Property Details | No Agent List