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$330,000

8908 N Fm 1264, Lubbock, TX, 79415

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,097 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.37 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Electric Cooktop, Electric Oven

Exterior

Exterior FeaturesPrivate Yard
Lot Size1.37 acres

Building Information

Year Built1962
Roof Type105
Garage Spaces2

Land Information

APNR108609
Lot Number10400
Land UseResidential
Legal DescriptionBLK A SEC 37 AB 31 TR 4 SW/4 ACS: 1.37
Census Tract010201
Assessment Year2025

About this property

Charming and fully updated, including a brand new roof this 2,000+ sq ft home sits on 1.35 acres, offering the perfect blend of comfort and country living. The 2,400 sq ft shop is a standout feature--complete with a garage door and endless possibilities for work or hobbies. Step outside to enjoy wide-open spaces, stunning sunsets, and peaceful stargazing. Plus, the above-ground pool conveys--just in time for summer! Don't miss your chance to own this slice of West Texas living.

Investor Tools

$213,135Estimated Mortgage Balance
$114,737Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Sarah Posey

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,084
$222,543
2025
N/A
N/A
$263,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,084
$222,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$239,900
No
First
Aug 28, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,135
$182,865
46%
65%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
$1,439/mo
$-14/mo
5.2%

City: Lubbock