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$352,000

NAL Estimated Property Value

8214 Colton Ave, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.65 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Microwave
FlooringCarpet, Hardwood, Laminate

Exterior

Lot Size6,262 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APNR66044
Lot Number420
SubdivisionCastleridge
Land UseResidential
Legal DescriptionCASTLERIDGE L 42
Census Tract010409
Assessed Land Value$23,560
Assessed Improvement Value$297,123
Assessment Year2025

About this property

This is Home! 4 bedrooms, 3 full baths, HUGE BASEMENT perfect for a media center,hard wood flooring, NEWLY remodeled master bath,rear entry garage, beautiful tree lined street within walking distance to park and elementary school, large kitchen with tons of counter space and storage, vaulted ceilings, formal dining room or office, beautifully designed and ready for a new owner!

Investor Tools

Property Icon
$352,000
Estimated Property Value
$173,570Estimated Mortgage Balance
$178,430Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,575
$320,683
2025
$23,560
$297,123
$320,683
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,575
$320,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$227,905
No
First
May 5, 2015
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,570
$178,430
50%
49%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
N/A
+$1,690/mo
5.8%

City: Lubbock

8214 Colton Ave | Property Details | No Agent List