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$441,000

NAL Estimated Property Value

8430 Wayne Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,748 Sq Ft
price_per_sqft$98.69 / sqft
Year BuiltBuilt in 1979

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, Double Oven, Dishwasher, Range, Water Softener, Water Softener Rented, Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size11,662 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APNR93859
Lot Number870
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 87
Census Tract010502
Assessed Land Value$75,000
Assessed Improvement Value$365,129
Assessment Year2025

About this property

Come see this gorgeous property! 3 bedroom/3 bath located on the Lakeridge Golf Course and just a block away from the Country Club! You'll instantly be wowed by the massive (yet comforting) living room and a beautiful granite kitchen with an attached breakfast room. The master bedroom and bath are a must see, and are connected through a large and spacious closet. Seriously- the bathroom is awesome. Upstairs you'll find two lovely bedrooms with a jack and jill bathroom. Perfect for kids, grandkids, or your guests. Downstairs there is an open basement great for a movie/game room, study, or home office. It's also a great place for storage with two good sized closets. And the outside? Absolutely stunning. The backyard comes fitted with a large covered patio that is perfect for relaxing with all your friends and family- no matter how big your group is. Not to mention the view of the course that simply must be seen in person. You won't want to miss out on this one!

Investor Tools

Property Icon
$441,000
Estimated Property Value
$302,048Estimated Mortgage Balance
$138,952Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,779
$440,129
2025
$75,000
$365,129
$440,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,779
$440,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Enrique Reynero Etux
Conventional
$337,250
No
First
Dec 11, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,048
$138,952
31%
68%
$2,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$2,022/mo
$-582/mo
3.9%

City: Lubbock

8430 Wayne Ave | Property Details | No Agent List