$186,000
NAL Estimated Property Value8209 Joliet Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Range
FlooringCarpet, Tile
Exterior
Lot Size7,192 sqft
Building Information
Year Built1975
Roof Type114
Garage Spaces2
Land Information
APNR78079
Lot Number910
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 91
Census Tract010504
Assessed Land Value$9,100
Assessed Improvement Value$170,851
Assessment Year2025
About this property
Affordable four-bedroom, two-bathroom home in Raintree, a great neighborhood at South Lubbock, within walking distance to Honey Elementary School. This property features a spacious living room with a corner fireplace, an isolated primary bedroom, fresh paint, new carpet in the bedrooms and newer windows. Nice kitchen with stainless steel appliances. This move-in-ready home comes with a washer, dryer, and a good-sized backyard. The inviting front covered porch is perfect for your morning coffee, welcome home!
Investor Tools
$186,000
Estimated Property Value
$138,277Estimated Mortgage Balance
$47,723Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,116 /month
Positive
Cash Flow Estimate:
$372 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,558
$179,951
2025
$9,100
$170,851
$179,951
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,558
$179,951
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$143,200
No
First
Jun 26, 2024
Aug 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,277
$47,723
25%
74%
$859/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$859/mo
+$961/mo
11.7%
