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$216,000

7907 Avenue L, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.04 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Cooktop, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Gas Cooktop, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size4,835 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APNR317734
Lot Number580
SubdivisionCedar Park
Land UseResidential
Legal DescriptionCEDAR PARK L 58
Census Tract002206
Assessed Land Value$28,000
Assessed Improvement Value$182,082
Assessment Year2025

About this property

Mediterranean Cottage Inspired 3 Bedroom, 2 Bath Home in Cedar Park presented by Ventura Homes! Open floor plan with Vaulted Ceiling and Stone Fireplace~ A True Kitchen for a Cook with Spacious Island With Seating~ Stainless Steel Appliances including Microwave~ Gas Cooktop~ Tile Accent Back Splash~ & Large Pantry~ Vinyl Plank Flooring Carries into the Dining Room Completing the Polished Look and Feel of the Home~ Covered Back Patio Makes this the Perfect Place for Family & Friends to Gather~ Vestibule to Your Master Retreat Affords Well Deserved Privacy~ Master Bath w/Double Vanities~ & Large Walk-in Closet~ Additional Features include~ 2 inch Faux Wood Blinds~ Coat Closet~ Oil Rubbed Bronze Hardware~ Spacious Walk-in Closets~ Built-in Linen Storage in Baths & Laundry~ Sprinkler/Sod~ 6 Foot Fence w/Steel Posts~ Special Ceilings~ Full Builder's warranty~ There is Still Time to Make Selections ~ Call Me Today For a Private Showing! SELLER WILL PAY $4000 TOWARDS BUYERS CLOSING COST!

Investor Tools

Property Icon
$216,000
Estimated Property Value
$150,641Estimated Mortgage Balance
$97,967Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,411
$210,082
2025
$28,000
$182,082
$210,082
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,411
$210,082

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$150,641
No
First
Mar 10, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,033
$97,967
45%
55%
$904/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$904/mo
+$646/mo
8.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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7907 Avenue L | Property Details | No Agent List