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$403,000

NAL Estimated Property Value

8904 N Fm 1264, Lubbock, TX, 79415

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.1 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Free-Standing Electric Range, Free-Standing Range
FlooringCarpet, Vinyl

Exterior

Lot Size1.13 acres

Building Information

Year Built1978
Roof Type105
Garage Spaces2

Land Information

APNR108662
Lot Number10450
Land UseResidential
Legal DescriptionBLK A SEC 37 AB 31 TR 4A ACS: 1.13
Census Tract010201
Assessed Land Value$15,820
Assessed Improvement Value$253,927
Assessment Year2025

About this property

Great Country Living Home with Room to Roam! 2.383 acres included with this Home. House features spacious living room as well as a separate Family/Den. Eat in kitchen with breakfast bar. Fully fenced property. 2 small out buildings included on property. New carpet just installed and ready for new owners.

Investor Tools

Property Icon
$403,000
Estimated Property Value
$301,382Estimated Mortgage Balance
$101,618Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,419
$269,747
2025
$15,820
$253,927
$269,747
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,419
$269,747

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$307,253
Yes
First
Apr 3, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,382
$101,618
25%
75%
$1,843/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,843/mo
$-418/mo
4.2%

City: Lubbock