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NoAgentList RatingHow are grades calculated?Info

$466,000

NAL Estimated Property Value

8702 Quitman Avenue, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,599 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.07 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size17,850 sqft

Building Information

Year Built1998
Roof Type105
Garage Spaces2

Land Information

APNR30456
Lot Number950
SubdivisionWestwood
Land UseResidential
Legal DescriptionWESTWOOD L 95
Census Tract010413
Assessed Land Value$18,200
Assessed Improvement Value$286,065
Assessment Year2025

About this property

This spacious and beautifully updated 5-bedroom, 3-bath home sits on a generous .4-acre lot in Frenship School District. Featuring a 2-car garage and an impressive 960 sq. ft. insulated shop, this property combines comfort, function, and plenty of room to grow. Inside you will find a large living space with fireplace & built-in shelving w/ storage open to the breakfast area and formal dining space. The kitchen is perfect for cooking family meals complete with updated stainless steel appliances, and views of the back patio. You'll love the secluded primary suite, complete with double sinks, a soaking tub, walk-in shower, and a large walk-in closet—a true retreat after a long day. The main level also offers three inviting guest bedrooms and a full hall bath, while the fifth bedroom and third bathroom are located upstairs, perfect for guests, a private office, or a hobby room. When you open the back door you will fall in love with the spacious enclosed patio, ideal for entertaining year-round. Enjoy evenings by the cozy fireplace beneath the special decorative ceiling and large farmhouse-style ceiling fan—a perfect blend of charm and comfort. With its thoughtful updates, abundant storage, and desirable location, this home is move-in ready and waiting for you!

Investor Tools

Property Icon
$466,000
Estimated Property Value
$419,933Estimated Mortgage Balance
$46,067Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,796 /month
Positive
Cash Flow Estimate:
$932 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,403
$304,265
2025
$18,200
$286,065
$304,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,403
$304,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$423,000
No
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,933
$46,067
9%
90%
$2,537/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$2,537/mo
$-1,097/mo
3.7%

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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8702 Quitman Avenue | Property Details | No Agent List