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$581,000

9 Arapaho Rd, Ransom Canyon, TX, 79366

$597,380 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.94 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Trash Compactor, Water Softener, Water Softener Owned

Exterior

Lot Size6,216 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APNR112209
Lot Number990
SubdivisionLake Ransom Canyon
Land UseResidential
Legal DescriptionLAKE RANSOM CANYON BLK 20 L 99
Census Tract010700
Assessed Land Value$12,432
Assessed Improvement Value$447,410
Assessment Year2025

About this property

Retire in luxury in this lovely 3 bedroom 3.5 bath with all the amenities you would expect in a home of this quality. Completely updated recently and ready for a new owner. This is a custom built home that offers a beautiful view of lake and canyon. Open concept design with a huge den with vaulted ceilings and stained concrete floors on first floor. Gourmet kitchen/Island/Granite Countertops/Gas Stove/Stainless Fridge and lots of built-ins including desk area. Large utility area including a butler's area with stainless counter tops, sink, dishwasher, 2nd Fridge space and freezer. Lavish master suite fit for a king and queen. His and her closets and separate whirlpool tub and huge shower make this a dream bath. Upstairs is an office, sitting area, bedroom and bath plus a large storage room. Ransom Canyon is 6 miles from Lubbock and the only pretty area in the county! There is a canyon, lake, huge trees, pool, party house and 2 churches. Annual POA dues only $60 per year. Come see!!!

Investor Tools

Property Icon
$581,000
Estimated Property Value
$285,365Estimated Mortgage Balance
$320,409Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$597,379
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,486 /month
Positive
Cash Flow Estimate:
$1,162 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,010/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,212
$459,842
2025
$12,432
$447,410
$459,842
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,212
$459,842

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$285,365
No
First
Oct 14, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,591
$320,409
55%
45%
$1,711/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,771/mo
$-101/mo
3.4%

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.

Explore Texas Explore This Area
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: Ransom Canyon

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9 Arapaho Rd | Property Details | No Agent List