$280,105
NAL Estimated Property Value8005 Richmond Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Dishwasher
FlooringCarpet, Vinyl
Exterior
Lot Size8,960 sqft
Building Information
Year Built1977
Garage Spaces2
Land Information
APNR70787
Lot Number3900
SubdivisionQuaker Heights
Land UseResidential
Legal DescriptionQUAKER HEIGHTS L 390
Census Tract001804
Assessed Land Value$23,840
Assessed Improvement Value$256,265
Assessment Year2025
About this property
Completely updated 3 bedroom 3 bath home PLUS office in Quaker Heights ~ Neutral colors throughout ~ New vinyl plank flooring and carpet ~ Kitchen has been updated with stainless steel appliances, new countertops, cabinets and paint ~ Plenty of windows throughout offer an abundance of natural light ~ Enjoy the outdoors with 3 covered patios and mature landscaping ~ Large workshop
Investor Tools
$280,105
Estimated Property Value
$141,532Estimated Mortgage Balance
$138,573Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,681 /month
Positive
Cash Flow Estimate:
$560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
$200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,759
$280,105
2025
$23,840
$256,265
$280,105
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,759
$280,105
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$171,830
Yes
First
Dec 28, 2016
Jan 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,532
$138,573
49%
51%
$1,056/mo
