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$243,000

NAL Estimated Property Value

8607 Louisville Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,844 Sq Ft
price_per_sqft$97.07 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size9,603 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APNR86339
Lot Number3610
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 361
Census Tract010504
Assessed Land Value$10,467
Assessed Improvement Value$227,997
Assessment Year2025

About this property

Beautifully updated home in established Raintree! Isolated master bedroom, separate dining area, large family room and 2 large extra bedrooms and plantation shutters throughout to finish off this incredible home! The backyard is an oasis of its own, serene, quiet and established landscaping make this home one of a kind! This is a fantastic home, won't last long!! Thank you for showing!

Investor Tools

Property Icon
$243,000
Estimated Property Value
$143,372Estimated Mortgage Balance
$99,628Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,549
$238,464
2025
$10,467
$227,997
$238,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,549
$238,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$157,600
No
First
Aug 20, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,372
$99,628
40%
59%
$945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$945/mo
+$605/mo
7.7%

City: Lubbock

8607 Louisville Ave | Property Details | No Agent List