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$166,000

NAL Estimated Property Value

8305 Dixon Ave, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,322 Sq Ft
price_per_sqft$137.67 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Microwave
FlooringVinyl

Exterior

Lot Size5,054 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APNR138739
Lot Number360
SubdivisionSummerfield
Land UseResidential
Legal DescriptionSUMMERFIELD L 36
Census Tract010505
Assessed Land Value$15,623
Assessed Improvement Value$139,377
Assessment Year2025

About this property

This two bedroom, two bathroom home is the perfect addition to your investment portfolio, or someone looking to downsize! All tile throughout makes it easy to keep clean. The bedrooms are located on separate ends of the home, one master suite and a guest bedroom with a guest bathroom. The spacious living room features a fireplace. The kitchen and dining combo are perfect for hosting. Located at the back of the home is a two car garage with a private backyard. This home is low maintenance and ready for new owners!

Investor Tools

Property Icon
$166,000
Estimated Property Value
$148,825Estimated Mortgage Balance
$17,175Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,050
$155,000
2025
$15,623
$139,377
$155,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,050
$155,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Fha
$152,192
Yes
First
Feb 14, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,825
$17,175
10%
90%
$913/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,110/mo
$913/mo
+$197/mo
8.0%

City: Lubbock

8305 Dixon Ave | Property Details | No Agent List