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$345,000

NAL Estimated Property Value

7901 Knoxville Ave, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,834 Sq Ft
price_per_sqft$77.45 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Electric Cooktop, Microwave, Water Softener, Water Softener Owned
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,040 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APNR52658
Lot Number3190
SubdivisionMelonie Park South
Land UseResidential
Legal DescriptionMELONIE PARK SOUTH L 319
Census Tract001904
Assessed Land Value$25,600
Assessed Improvement Value$248,594
Assessment Year2025

About this property

Melonie Park South location -- popular location & great home. The home features two living & two dining areas, awesome kitchen, basement, side entry garage and popular school areas. Updates throughout include windows, kitchen w/ granite tile, HVAC, water softener, fence, metal siding, shutters, baths, and roof. Neighborhood association w/ pool. Call to see this wonderful home.

Investor Tools

Property Icon
$345,000
Estimated Property Value
$176,061Estimated Mortgage Balance
$168,939Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,102
$274,194
2025
$25,600
$248,594
$274,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,102
$274,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$208,160
Yes
First
Jul 16, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,061
$168,939
48%
51%
$1,356/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,356/mo
+$464/mo
6.3%

City: Lubbock

7901 Knoxville Ave | Property Details | No Agent List