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$294,000

9228 County Road 7640, Wolfforth, TX, 79382

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,767 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.82 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet

Exterior

Lot Size1.27 acres

Building Information

Year Built2014
Roof Type112
Garage Spaces2

Land Information

APNR171817
Lot Number90
SubdivisionChaparral Ridge
Land UseResidential
Legal DescriptionCHAPARRAL RIDGE L 9
Census Tract010423
Assessed Land Value$20,500
Assessed Improvement Value$256,458
Assessment Year2025

About this property

Welcome to 9228 County Road 7640 in Lubbock, TX, a captivating country property on 1.25 acres. This 3-bedroom, 2-bath home with an office was meticulously built in 2017. Bathed in natural light, the interior offers modern comfort and an open layout. The kitchen is well-appointed for daily living and entertaining, complete with an island, free standing range, and breakfast bar. Step outside to the expansive lot, perfect for outdoor activities, gardening, and enjoying those iconic West Texas sunsets. Don't miss the opportunity to call 9228 CR 7640 home. Schedule a showing today to experience the perfect blend of space, tranquility, and modern comfort in the highly sought-after Frenship ISD district. Welcome to your new sanctuary.

Investor Tools

Property Icon
$294,000
Estimated Property Value
$242,424Estimated Mortgage Balance
$61,809Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,649
$276,958
2025
$20,500
$256,458
$276,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,649
$276,958

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Usda
$242,424
Yes
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,191
$61,809
21%
79%
$1,454/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,454/mo
+$76/mo
6.2%

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.

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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: Wolfforth

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9228 County Road 7640 | Property Details | No Agent List