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$313,000

801 N Grover Ave, Lubbock, TX, 79416

$329,887 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,961 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.48 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Microwave
FlooringVinyl

Exterior

Lot Size7,067 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

Land Information

APNR344277
Lot Number2290
SubdivisionUptown West
Land UseResidential
Legal DescriptionUPTOWN WEST L 229
Census Tract010417
Assessed Land Value$40,000
Assessed Improvement Value$265,987
Assessment Year2025

About this property

This beautiful 3 bedroom, 2.5 bathroom newly constructed home features a large open concept floor plan, vinyl plank, tiled fireplace with built-ins on the sides, gas stove and granite countertops throughout. The master bathroom has a freestanding tub, separate shower, two sinks and a large walk-in closet with built-ins. Come see all the details Credence Custom Homes has put into this beautiful home. Uptown West is located in Frenship ISD on North Frankford, 1.5 miles North of 4th St. towards Shallowater!

Investor Tools

Property Icon
$313,000
Estimated Property Value
$235,900Estimated Mortgage Balance
$87,805Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$329,887
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,866
$305,987
2025
$40,000
$265,987
$305,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,866
$305,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$235,900
No
First
Nov 7, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,195
$87,805
28%
72%
$1,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,415/mo
+$225/mo
6.3%

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.

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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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801 N Grover Ave | Property Details | No Agent List