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$228,000

NAL Estimated Property Value

8911 Dixon Ave, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,711 Sq Ft
price_per_sqft$93.45 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size5,910 sqft

Building Information

Year Built1999
Roof Type105
Garage Spaces2

Land Information

APNR150210
Lot Number2870
SubdivisionSummerfield
Land UseResidential
Legal DescriptionSUMMERFIELD L 287
Census Tract010505
Assessed Land Value$16,548
Assessed Improvement Value$191,036
Assessment Year2025

About this property

Beautiful 4 Bedroom, 2 Bath on Cul-De-Sac in Summerfield! Open floorplan, 10' Ceilings, Spacious Living Room with Fireplace, Kitchen with Newer Stainless Steel Appliances, Breakfast Bar & Great Storage! Isolated Master Suite with Vault Ceilings, Separate Shower, Soaking Tub & Walk-in Closet! Bedrooms 2,3 & 4 are great size with walk-in Closets! Extra Large 2nd Full Bath! Enjoy your evenings under Spacious Covered Patio! Fenced Backyard & Sprinklers! Plantation Shutters! Recent Updates include Water heater, Garage Door & Opener, Fixtures, Plumbing, Stainless Steel Appliances & so much more! Walk to the Park! Minutes from Shopping, Restaurants & Texas Tech University! Too much to list, come check out for yourself before its too late!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$138,264Estimated Mortgage Balance
$89,736Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,844
$207,584
2025
$16,548
$191,036
$207,584
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,844
$207,584

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$155,945
Yes
First
Jul 21, 2020
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,264
$89,736
39%
61%
$935/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$935/mo
+$885/mo
9.6%

City: Lubbock