Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$450,000

8416 Wayne Ave, Lubbock, TX, 79424

PendingInfo
Beds3 Beds
Baths3 Bath
Baths3,432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.12 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range

Exterior

Exterior FeaturesOther
Lot Size12,720 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces3

Land Information

APNR94068
Lot Number940
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 94
Census Tract010502
Assessed Land Value$65,000
Assessed Improvement Value$340,698
Assessment Year2025

About this property

This gift of a home in Lakeridge Country Club is a short trip to the club house and a walk out your back door for a nice lake view. The home features amazing vaulted ceilings in the living room with a nice kitchen, and two eating areas. The isolated master suite offers a spacious bedroom and ample storage. Included in this amazing home is a basement and 2 additional rooms in the front and another room that could be another bedroom or an amazing man cave or cigar and bourbon retreat. The point is this home has so many things to enjoy that you have to see it for yourself. Sitting on an amazing corner lot with a side entry garage. I'm sure you will like what you see.

Investor Tools

$85,004Estimated Mortgage Balance
$337,996Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,194
$405,698
2025
$65,000
$340,698
$405,698
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,194
$405,698

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Conventional
$85,250
No
First
Mar 11, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,004
$337,996
79%
20%
$512/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$512/mo
+$1,178/mo
4.8%

City: Lubbock

8416 Wayne Ave | Property Details | No Agent List