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$208,000

NAL Estimated Property Value

8407 Geneva Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$77.2 / 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
AppliancesDisposal, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,475 sqft

Building Information

Year Built1977
Roof Type105
Garage Spaces2

Land Information

APNR41939
Lot Number3100
SubdivisionPotomac Park
Land UseResidential
Legal DescriptionPOTOMAC PARK L 310
Census Tract010505
Assessed Land Value$17,550
Assessed Improvement Value$179,225
Assessment Year2025

About this property

Well kept 3/2/2 in Potomac Park with fabulous backyard! This cute home has a great layout with an isolated master, a large living area with a cathedral ceiling, and big bedrooms. You will find a lot of storage in this home along with a great Tuff Shed in the backyard. The backyard is well landscaped and has a nice covered patio. The park with playground and walking trails is found just down the street! Do not miss out on showing this one, such a great find!

Investor Tools

Property Icon
$208,000
Estimated Property Value
$114,073Estimated Mortgage Balance
$93,927Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,456
$196,775
2025
$17,550
$179,225
$196,775
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,456
$196,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Fha
$138,900
Yes
First
Sep 11, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,073
$93,927
45%
55%
$833/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$833/mo
+$717/mo
8.9%

City: Lubbock

8407 Geneva Ave | Property Details | No Agent List