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$1,365,214

NAL Estimated Property Value

8904 County Road 6850, Lubbock, TX, 79407

Off MarketInfo
Beds6 Beds
Baths7 Bath
Baths6,917 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.73 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Range, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesOther
Lot Size1.00 acres

Building Information

Year Built2023
Roof Type105
Garage Spaces7

Land Information

APNR341479
Lot Number1110
SubdivisionVerrado Estates
Land UseResidential
Legal DescriptionVERRADO ESTATES L 111
Census Tract010419
Assessed Land Value$45,500
Assessed Improvement Value$1,319,714
Assessment Year2025

About this property

Welcome to 8904 County Road 6850, a one-of-a-kind property that combines luxury, comfort, and innovation. Appraised at $1.9 million, this exceptional home offers a spacious open-concept design with high-end finishes and thoughtful details throughout. One of the most unique features is the underground tunnel providing private access from the master bedroom to the mother-in-law suite - a remarkable touch that sets this home apart. Perfect for entertaining or everyday living, the home features abundant natural light, a modern kitchen with ample storage, and expansive living spaces. Outside, you'll enjoy peaceful country surroundings with plenty of room to relax or entertain, all while being just minutes from Lubbock's shopping, dining, and conveniences.

Investor Tools

Property Icon
$1,365,214
Estimated Property Value
$668,907Estimated Mortgage Balance
$696,307Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,191 /month
Positive
Cash Flow Estimate:
$2,730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,904/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,026
$1,365,214
2025
$45,500
$1,319,714
$1,365,214
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$16,026
$1,365,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Open End Mortgage / Open End With Future Advance Clause
$719,120
No
First
Aug 29, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$668,907
$696,307
51%
49%
$4,312/mo

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.

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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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8904 County Road 6850 | Property Details | No Agent List