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$307,000

NAL Estimated Property Value

8205 Durham Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,236 Sq Ft
price_per_sqft$140.88 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size5,162 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APNR104216
Lot Number1550
SubdivisionPreston Hills
Land UseResidential
Legal DescriptionPRESTON HILLS L 155
Census Tract010409
Assessed Land Value$18,066
Assessed Improvement Value$284,078
Assessment Year2025

About this property

Tucked away in the beautiful Preston Hills neighborhood with mature trees and landscaping on a cul de sac street. The minute you walk in you'll enjoy the nice bright and open concept of this superbly clean and neat garden home. Updated beautifully this home offers a large isolated primary bedroom with access to patio, large living area with fireplace, formal dining, eating area in spacious kitchen with ample windows. Recent roof and interior paint.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$0Estimated Mortgage Balance
$307,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,858
$302,144
2025
$18,066
$284,078
$302,144
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,858
$302,144

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$307,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
5.6%

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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8205 Durham Ave | Property Details | No Agent List