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$162,000

NAL Estimated Property Value

8213 Waco Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.04 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave
FlooringCarpet

Exterior

Lot Size7,150 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APNR76465
Lot Number140
SubdivisionBent Tree
Land UseResidential
Legal DescriptionBENT TREE L 14
Census Tract010506
Assessed Land Value$18,200
Assessed Improvement Value$124,953
Assessment Year2025

About this property

Come see this charming 3/2/2 move in ready home in South Lubbock. Located on a corner lot in a great neighborhood. This house is perfect for a young family,student or any first home buyer or investor. You will love the mature landscaping, sprinkler system front and back and great curb appeal. Inside you will find vinyl plank floors, soft colors, updated lighting, isolated master, and large windows for plenty of light. The large backyard features an 8ft privacy fence and a nice patio area. Call to see it today.

Investor Tools

Property Icon
$162,000
Estimated Property Value
$94,010Estimated Mortgage Balance
$67,990Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,691
$143,153
2025
$18,200
$124,953
$143,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,691
$143,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eecu
Conventional
$100,000
No
First
Feb 6, 2023
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,010
$67,990
41%
58%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$600/mo
+$950/mo
11.5%

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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8213 Waco Ave | Property Details | No Agent List