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$282,000

NAL Estimated Property Value

9306 Primrose Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,332 Sq Ft
price_per_sqft$78.26 / sqft
Year BuiltBuilt in 2007

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, Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size7,937 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces2

Land Information

APNR307134
Lot Number9200
SubdivisionMonterey
Land UseResidential
Legal DescriptionMONTEREY L 920
Census Tract010413
Assessed Land Value$16,000
Assessed Improvement Value$257,885
Assessment Year2025

About this property

Great home in Monterey at CAD value! Over-sized bedrooms with an office that could be extra living, play, or a 4th bedroom. Open-concept dining,kitchen,living. Master suite has his/hers closets,marble shower,garden tub,and oak cabinetry. Soaring ceilings,granite kitchen with upgraded cherry cabinets, crown molding throughout, keyless entry, alarm system with fire detection (with paid service), new water heater and garage door! Also has sprinkler system. AND OFFERING $2000 ALLOWANCE! Wow! Great home! Great location! Great value!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$151,922Estimated Mortgage Balance
$130,078Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,082
$273,885
2025
$16,000
$257,885
$273,885
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,082
$273,885

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$171,000
No
First
Aug 7, 2020
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,922
$130,078
46%
54%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,026/mo
+$414/mo
6.1%

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: Lubbock

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9306 Primrose Ave | Property Details | No Agent List