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$340,000

NAL Estimated Property Value

8307 Saratoga Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.11 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave, Water Softener, Water Softener Owned
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size20,700 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APNR110372
Lot Number380
SubdivisionWestwood
Land UseResidential
Legal DescriptionWESTWOOD L 38
Census Tract010413
Assessed Land Value$18,200
Assessed Improvement Value$312,389
Assessment Year2025

About this property

Fantastic three bedroom, two and a half bathroom home on a HALF ACRE inside the city limits with the perfect pool. This excellent floor plan is complete with modern colors, an office, formal dining room, and breakfast nook. The isolated master bedroom has access to the patio and ample room for a king-sized bed. The master bathroom is complete with a separate shower, two vanities, and an over-sized jet tub. The kitchen is very functional and features a gas range, granite counters, and a pantry. The backyard is an oasis complete with great gas-heated pool, fruit and Magnolia trees, rose garden, storage shed, pergola, and green house. The back fence has a large gate to help with access and lots of room for a shop or pool house. The garage has an over-sized section that can easily accommodate a 3/4 ton truck. This home is in SPEC electricity and has its own private well and septic tank to keep monthly cost of ownership low. Stop by today and see what this house can offer!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$231,742Estimated Mortgage Balance
$108,258Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,577
$330,589
2025
$18,200
$312,389
$330,589
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,577
$330,589

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$258,750
No
First
Dec 8, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,742
$108,258
31%
68%
$1,552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,552/mo
$-112/mo
5.1%

City: Lubbock

8307 Saratoga Ave | Property Details | No Agent List