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$693,000

NAL Estimated Property Value

8607 County Road 6920, Lubbock, TX, 79407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,273 Sq Ft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size23,800 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces1036

Land Information

APNR142803
Lot Number390
SubdivisionLlano Estates
Land UseResidential
Legal DescriptionLLANO ESTATES L 39
Census Tract010419
Assessed Land Value$32,000
Assessed Improvement Value$350,628
Assessment Year2025

About this property

Build your dream home in Llano Estates! Located in the highly desirable Frenship ISD, this neighborhood features larger lots, beautiful homes throughout, and few amenities such as a wonderful tennis and pickleball court for your friends and family to enjoy. Get your slice of country living with this 1/2 acre lot without being too far from city conveniences. This blank canvas is ready for your custom dream home vision to be brought to life!

Investor Tools

Property Icon
$693,000
Estimated Property Value
$271,359Estimated Mortgage Balance
$421,641Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$510
$382,628
2025
$32,000
$350,628
$382,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$510
$382,628

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$276,223
No
First
May 23, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,359
$421,641
60%
39%
$1,657/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
$1,657/mo
+$15/mo
2.9%

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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8607 County Road 6920 | Property Details | No Agent List