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$141,000

NAL Estimated Property Value

8409 Ave V, Lubbock, TX, 79423

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,015 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.86 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Microwave, Range
FlooringVinyl

Exterior

Lot Size4,916 sqft

Building Information

Year Built1992
Garage Spaces1

Land Information

APNR45022
Lot Number780
SubdivisionPrairie Point East
Land UseResidential
Legal DescriptionPRAIRIE POINT EAST L 78
Census Tract010506
Assessed Land Value$21,000
Assessed Improvement Value$107,721
Assessment Year2025

About this property

Welcome to 8409 Ave V, a super clean and well-kept home in a quiet Lubbock neighborhood. It's been updated with vinyl flooring throughout and granite countertops. The large backyard is great for relaxing under the trees after a long day. Plus, it's in a super convenient spot close to shopping and dining, and is a very short drive to Texas Tech. Currently rented by an awesome tenant, this place is perfect whether you're looking for an investment or a future home. Don't waitcome take a look!

Investor Tools

Property Icon
$141,000
Estimated Property Value
$0Estimated Mortgage Balance
$141,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,775
$128,721
2025
$21,000
$107,721
$128,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,775
$128,721

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$141,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,110/mo
N/A
+$1,110/mo
9.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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8409 Ave V | Property Details | No Agent List