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$185,000

8201 Louisville Ave, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,473 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.59 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Electric Range, Oven, Washer

Exterior

Exterior FeaturesCourtyard, Private Yard, Rain Gutters
Lot Size9,040 sqft

Building Information

Year Built1974
Roof Type114
Garage Spaces2

Land Information

APNR76477
Lot Number400
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 40
Census Tract010504
Assessed Land Value$11,200
Assessed Improvement Value$170,576
Assessment Year2025

About this property

Located on a quiet cul-de-sac in the highly sought-after Raintree neighborhood, this 3-bedroom, 2-bath, 2-car garage home offers an opportunity to get into an established Southwest Lubbock neighborhood without breaking the bank. Mature trees line the street, while the xeriscaped front yard and gated courtyard give the home plenty of character and low-maintenance curb appeal. Inside, the home is move-in ready with hard-surface flooring throughout and no carpet. The spacious living and dining areas offer plenty of natural light, and the living room features a beautiful brick fireplace with a gas starter. The kitchen includes granite countertops, black Samsung appliances, updated light fixtures, and a three-seat breakfast bar. All three bedrooms are nicely sized with good closet space. One of the home's standout features is the gated 14' x 11' front courtyard, complete with turf and plenty of room for outdoor seating or plants. Out back, you'll find a spacious backyard and a nice covered porch with room to relax, entertain, or enjoy the outdoors. Several important improvements have already been taken care of, including a new roof installed in July 2026 and gutters added around the courtyard in August 2026. The seller is also willing to leave the washer and dryer as well as the refrigerator in the garage. With its cul-de-sac location, mature surroundings, comfortable floor plan, and convenient Southwest Lubbock location near plenty of restaurants, shopping, and everyday amenities, this Raintree home offers a lot to appreciate at a price that won't break the bank.

Investor Tools

$0Estimated Mortgage Balance
$204,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month

Interested in this property?

Chris Farrell

Aycock Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$636
$181,776
2025
$11,200
$170,576
$181,776
No

Tax History

Year
Tax Paid
Assessed Value
2025
$636
$181,776

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$204,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
9.1%

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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