$184,900
805 Grover Avenue, Lubbock, TX, 79416
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
FlooringCarpet, Tile, Vinyl
Exterior
Exterior FeaturesAwning(s)
Lot Size5,525 sqft
Building Information
Year Built2000
Roof Type105
Garage Spaces2
Land Information
APNR156497
Lot Number710
SubdivisionRevier Homestead
Land UseResidential
Legal DescriptionREVIER HOMESTEAD L 71
Census Tract000408
Assessed Land Value$19,469
Assessed Improvement Value$152,529
Assessment Year2025
About this property
Move in ready and waiting for its next owner! This clean Revier Farm home features new carpet, spacious living areas, a cozy fireplace, and a large backyard ready for relaxing or entertaining. Conveniently located near shopping, dining, and everyday amenities.
Investor Tools
$268,371Estimated Mortgage Balance
$183,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,109 /month
Positive
Cash Flow Estimate:
$370 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,008
$171,998
2025
$19,469
$152,529
$171,998
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,008
$171,998
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Building Or Construction Loan
$288,000
No
First
Oct 6, 2022
Oct 2023
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,371
N/A
0%
147%
$1,727/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,727/mo
$-87/mo
10.8%
