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$209,000

NAL Estimated Property Value

8402 Fremont Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,510 Sq Ft
price_per_sqft$111.92 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringTile

Exterior

Lot Size14,119 sqft

Building Information

Year Built1977
Roof Type105
Garage Spaces2

Land Information

APNR42741
Lot Number3390
SubdivisionPotomac Park
Land UseResidential
Legal DescriptionPOTOMAC PARK L 339
Census Tract010505
Assessed Land Value$32,473
Assessed Improvement Value$175,738
Assessment Year2025

About this property

Beautiful 3/2/2 home with an amazing dream workshop located in Lubbock ISD! Additional parking in large workshop with 3 oversized doors as well as side entry. Great kitchen with a breakfast bar, stainless steel appliances, and tons of counter space. Spacious bedrooms and storage throughout! Schedule your showing today!

Investor Tools

Property Icon
$209,000
Estimated Property Value
$106,047Estimated Mortgage Balance
$102,953Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,029
$208,211
2025
$32,473
$175,738
$208,211
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,029
$208,211

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$110,000
No
First
May 31, 2024
Jun 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,047
$102,953
49%
51%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$660/mo
+$890/mo
8.9%

City: Lubbock

8402 Fremont Ave | Property Details | No Agent List