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$529,000

NAL Estimated Property Value

8304 County Road 6950, Lubbock, TX, 79407

$643,690 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.03 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Double Oven, Dishwasher, Gas Range, Microwave, Water Softener Owned
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBarbecue, Built-in Barbecue, Lighting, Outdoor Grill, Outdoor Kitchen, Other, Private Yard
Lot Size9.43 acres

Building Information

Garage Spaces3

Land Information

APNR301399
Land UseResidential
Legal DescriptionBLK CB SEC 25 AB 306 TR 2A OF SW/4 AC: 9.431
Census Tract010419
Assessed Land Value$132,034
Assessed Improvement Value$34,300
Assessment Year2025

About this property

Situated on almost an acre lot in the highly sought-after Llano Estates neighborhood within Frenship ISD, this exceptional home offers space, comfort, and timeless style—inside and out. Designed with flexibility in mind, the home features 4 bedrooms or 3 bedrooms plus a dedicated office/flex space, two spacious living areas, two dining areas, and 2.5 bathrooms, making it ideal for both everyday living and entertaining. Plantation shutters throughout, updated flooring, and abundant natural light create a warm, inviting atmosphere from the moment you step inside. The heart of the home opens to a beautifully appointed kitchen and double living space. Included are thoughtful upgrades, a storm shelter/safe room, and a water softener. Outdoors is where this property truly shines. Enjoy a circle driveway, a large covered patio, and an impressive outdoor living area complete with a grand fireplace and outdoor kitchen—perfect for hosting gatherings year-round. A hot tub that conveys, a small storage building, and plenty of open space round out the expansive backyard, offering endless possibilities. Homes like this in Llano Estates don't come along often—this one blends functionality, luxury, and lifestyle in one incredible package.

Investor Tools

Property Icon
$529,000
Estimated Property Value
$0Estimated Mortgage Balance
$529,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$643,689
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,280
$166,334
2025
$132,034
$34,300
$166,334
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,280
$166,334

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$529,000
100%
0%
$0/mo

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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8304 County Road 6950 | Property Details | No Agent List