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$312,900

8606 Knoxville Avenue, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.61 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Microwave
FlooringLuxury Vinyl, Tile

Exterior

Exterior FeaturesNone
Lot Size8,250 sqft

Building Information

Year Built1977
Roof Type114
Garage Spaces2

Land Information

APNR83851
Lot Number2780
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 278
Census Tract010504
Assessed Land Value$12,000
Assessed Improvement Value$260,432
Assessment Year2025

About this property

Welcome home to this beautifully updated 3-bedroom, 2-bath residence in the desirable Raintree neighborhood of Lubbock. With over 2,500 square feet, this spacious home features brand-new flooring, fresh paint throughout, and a thoughtfully designed layout perfect for everyday living and entertaining. Enjoy great curb appeal with a beautifully landscaped front yard, all in a well established area close to shopping, dining, and parks. A must-see Raintree gem!

Investor Tools

$172,093Estimated Mortgage Balance
$137,907Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,877 /month
Positive
Cash Flow Estimate:
$626 /month

Interested in this property?

Benjamin Hargrove

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,361
$272,432
2025
$12,000
$260,432
$272,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,361
$272,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Flca
Open End Mortgage / Open End With Future Advance Clause
$144,000
No
First
Dec 10, 2015
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,093
$137,907
44%
56%
$1,314/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,314/mo
+$506/mo
7.0%

City: Lubbock

8606 Knoxville Avenue, Lubbock, TX 79423 | Property Details | No Agent List