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$225,849

NAL Estimated Property Value

8912 Sherman Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,471 Sq Ft
price_per_sqft$98.57 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
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, Vinyl

Exterior

Lot Size5,201 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APNR307450
Lot Number690
SubdivisionSouth Brook
Land UseResidential
Legal DescriptionSOUTH BROOK L 69
Census Tract010506
Assessed Land Value$30,000
Assessed Improvement Value$195,849
Assessment Year2025

About this property

Great floor plan with no wasted space! 3/2/2 with great kitchen! Corner fireplace in large living area * Huge walk in closet in master bedroom * covered patio

Investor Tools

Property Icon
$225,849
Estimated Property Value
$108,678Estimated Mortgage Balance
$117,171Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,355 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,248
$225,849
2025
$30,000
$195,849
$225,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,248
$225,849

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Fha
$140,655
Yes
First
Oct 16, 2015
Nov 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,678
$117,171
51%
48%
$844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$844/mo
+$706/mo
8.2%

City: Lubbock

8912 Sherman Ave | Property Details | No Agent List