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$649,000

8432 Wayne Avenue, Lubbock, TX, 79424

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,185 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.08 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Freezer, Oven, Refrigerator, Stainless Steel Appliance(s)
FlooringCarpet

Exterior

Exterior FeaturesGas Grill, Lighting, Storage
Lot Size11,622 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces3

Land Information

APNR93833
Lot Number860
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 86
Census Tract010502
Assessed Land Value$75,000
Assessed Improvement Value$443,500
Assessment Year2025

About this property

8432 Wayne | Lakeridge Country Club Estates Situated along the 2nd hole of the prestigious Lakeridge Country Club golf course, this beautifully updated 4-bedroom, 3.5-bath home offers over 4,000 square feet of thoughtfully designed living space. From the moment you arrive, you'll be captivated by beautiful landscaping, mature trees, and expansive circular drive. The home's charming Tudor-style architecture sets the tone as you step inside to a light-filled living area. The chef's kitchen is a true centerpiece, featuring a large granite island with generous seating, top-of-the-line stainless steel appliances, a built-in refrigerator, and a spacious butler's pantry. Stunning golf course views seamlessly connect the kitchen and main living spaces. The formal dining room is ideal for hosting, offering both elegance and ample natural light. Upstairs, the primary suite provides a private retreat with its own balcony, oversized walk-in closet, and a versatile space perfect for an office or workout area. The luxurious en-suite bath includes a soaking tub and a beautifully designed walk-in shower. One of the additional bedrooms also features a private en-suite bath—ideal for guests or multi-generational living. Downstairs, you'll find a recently renovated basement designed for entertaining, complete with a large open area perfect for a game room or theater, along with a dry bar and additional storage. The backyard is equally impressive, offering a fire pit, gas line for grilling, and picturesque views of Lakeridge Country Club. The 3-car garage features epoxy flooring and a newly installed pet washing station for added convenience. Located just steps from the clubhouse, you'll enjoy easy access to dining, social events, and the full country club lifestyle. This one-of-a-kind home delivers luxury, comfort, and lifestyle—schedule your private tour today. New roof to be installed prior to closing.

Investor Tools

$465,302Estimated Mortgage Balance
$70,698Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

Interested in this property?

Jeremias Torres

Lubbock Discount Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$932/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,507
$518,500
2025
$75,000
$443,500
$518,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,507
$518,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Contour Mortgage Corp
Conventional
$494,950
No
First
Feb 13, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,302
$70,698
13%
87%
$2,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,968/mo
$-1,278/mo
3.8%

Learn About the Market: Opportunity in Texas

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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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8432 Wayne Avenue | Property Details | No Agent List