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$178,000

NAL Estimated Property Value

8109 Vernon Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,466 Sq Ft
price_per_sqft$115.96 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,780 sqft

Building Information

Year Built1977
Roof Type114
Garage Spaces2

Land Information

APNR52095
Lot Number2200
SubdivisionOak Park
Land UseResidential
Legal DescriptionOAK PARK L 220
Census Tract002205
Assessed Land Value$25,000
Assessed Improvement Value$140,678
Assessment Year2025

About this property

Great new listing in Oak Park completely redone inside and out. This 3 bed 2 bath home has all new vinyl plank flooring in all common areas and new carpet in the bedrooms and even a new roof and fence. Both bathrooms have been completely redone with designer touches. Located on a cul-de-sac this one is sure to check all the boxes. See it today.

Investor Tools

Property Icon
$178,000
Estimated Property Value
$125,358Estimated Mortgage Balance
$52,642Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,019
$165,678
2025
$25,000
$140,678
$165,678
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,019
$165,678

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$136,000
No
First
Mar 10, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,358
$52,642
29%
70%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$816/mo
+$734/mo
10.4%

City: Lubbock

8109 Vernon Ave | Property Details | No Agent List