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$383,000

NAL Estimated Property Value

8611 Jordan Dr, Lubbock, TX, 79423

$404,198 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,393 Sq Ft
price_per_sqft$119.36 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Cooktop, Disposal, Double Oven, Dishwasher, Free-Standing Gas Range, Free-Standing Range, Gas Cooktop
FlooringCarpet, Vinyl

Exterior

Lot Size14,419 sqft

Building Information

Year Built1977
Roof Type114
Garage Spaces2

Land Information

APNR83354
Lot Number2620
SubdivisionRaintree
Land UseResidential
Legal DescriptionRAINTREE L 262 & E PT OF 263
Census Tract010504
Assessed Land Value$15,717
Assessed Improvement Value$320,585
Assessment Year2025

About this property

Come see this beautiful, versatile home with 4 bedrooms, 2.5 bath plus an office OR 3 bedrooms with an office and a bonus room. AND did I mention a BASEMENT and an open concept SUNROOM? This completely renovated home has open concept living spaces with a large kitchen, quartz countertops, a huge island, a gas range and double oven, a farmhouse sink and nice pantry. The master bedroom has a giant bathroom with double vanity, double walk-in shower, and dressing bench along with a walk-in closet equipped with custom built-ins. French doors lead out to a private patio. 2 bedrooms share a luxurious all-new Jack & Jill bathroom. The bonus room or office has a half bath and storage closet. The basement is an extra space for entertaining or for guests. The Sunroom and pergola flow together into an elegant indoor-outdoor space. Come see all the opportunities this home has for you. It has it all and more!

Investor Tools

Property Icon
$383,000
Estimated Property Value
$364,796Estimated Mortgage Balance
$18,204Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$404,198
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,663
$336,302
2025
$15,717
$320,585
$336,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,663
$336,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Fha
$379,008
Yes
First
Apr 23, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,796
$18,204
4%
95%
$2,273/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$2,273/mo
$-453/mo
5.7%

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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8611 Jordan Dr | Property Details | No Agent List