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$874,301

NAL Estimated Property Value

9305 Salisbury Ave, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths4,627 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.09 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Double Oven, Dishwasher, Electric Cooktop, Microwave, Water Softener, Water Softener Rented, Water Heater
FlooringCarpet, Tile

Exterior

Lot Size25,500 sqft

Building Information

Year Built1987
Garage Spaces4

Land Information

APNR78077
Lot Number4990
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 499 & 500
Census Tract010502
Assessed Land Value$150,000
Assessed Improvement Value$724,301
Assessment Year2025

About this property

This elegant home was built with extensive attention to quality and detail throughout and has been well maintained. Located on 2 lots of with a raised elevation gives a very unique view from the front and back. Entering this home you're greeted with soaring ceiling in the entry, open concept allows for easy living and entertaining. 2 living areas with 2 fireplace formal dining, breakfast nook, isolated master retreat with luxury bath, fireplace & private patio. 4 bedrooms, 4 and 2 half baths, bonus room, bar area, office and more. 12 large windows allows for incredible view from the back. A large patio ideal to entertain overlooks the terraced yard which is adjacent to the golf course and pond areas. The view is one of a kind and make you feel as if you stepped out of West Texas. This home has a gated entry to a 4 car garage with storage. This is a must see for someone whom appreciates value.

Investor Tools

Property Icon
$874,301
Estimated Property Value
$0Estimated Mortgage Balance
$874,301Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,246 /month
Positive
Cash Flow Estimate:
$1,749 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,968
$874,301
2025
$150,000
$724,301
$874,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,968
$874,301

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$874,301
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
N/A
+$1,690/mo
2.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Lubbock

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9305 Salisbury Ave | Property Details | No Agent List