$166,000
NAL Estimated Property Value8305 Dixon Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$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
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%
