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$277,400

NAL Estimated Property Value

8508 Knoxville Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,356 Sq Ft
price_per_sqft$97.2 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop
FlooringCarpet

Exterior

Lot Size8,250 sqft

Building Information

Year Built1976
Roof Type114
Garage Spaces2

Land Information

APNR84964
Lot Number3150
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 315
Census Tract010504
Assessed Land Value$12,000
Assessed Improvement Value$265,400
Assessment Year2025

About this property

MAJOR PRICE REDUCTION! Priced well below market value this home is priced to sell at $97.19 per foot! Owners installed new laminate plank throughout, and carpet in the bedrooms. This is a large family home on a Cul-De-Sac in great neighborhood. The basement is carpeted. 3/2/2. Approximately 2,356 SF.

Investor Tools

Property Icon
$277,400
Estimated Property Value
$207,538Estimated Mortgage Balance
$69,862Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,664 /month
Positive
Cash Flow Estimate:
$555 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,185
$277,400
2025
$12,000
$265,400
$277,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,185
$277,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$218,500
No
First
Aug 25, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,538
$69,862
25%
75%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,311/mo
+$239/mo
6.7%

City: Lubbock

8508 Knoxville Ave | Property Details | No Agent List