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$828,000

NAL Estimated Property Value

9309 Salisbury Ave, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths4,767 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.6 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 6Bathrooms Full 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBarbecue, Outdoor Grill
Lot Size14,575 sqft

Building Information

Year Built1988
Roof Type114
Garage Spaces3

Land Information

APNR78050
Lot Number4980
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 498-A
Census Tract010502
Assessed Land Value$75,000
Assessed Improvement Value$667,661
Assessment Year2025

About this property

Welcome to this stunning custom home nestled on the prestigious golf course in Lakeridge Estates. This spacious home boasts 4 bedrooms, 6 baths, and 1 half bath, providing ample space for a growing family or those who love to entertain. One of the standout features of this home is the breathtaking view from the living room. With windows spanning across the back, you'll have a panoramic view of the beautiful golf course. The kitchen is a chef's dream, featuring top-of-the-line appliances, granite countertops, and a large island for meal preparation. Each bedroom is generously sized and offers its own private bathroom, ensuring comfort and privacy for everyone in the household. The master suite is a true retreat, complete with a luxurious updated bathroom and a large walk-in closet. The backyard is a true oasis, overlooking the lush green fairways of the golf course. Don't miss out on the opportunity to make this house your home!

Investor Tools

Property Icon
$828,000
Estimated Property Value
$642,951Estimated Mortgage Balance
$185,049Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,280 /month
Positive
Cash Flow Estimate:
$1,760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,106
$742,661
2025
$75,000
$667,661
$742,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,106
$742,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Cu
Conventional
$668,000
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$642,951
$185,049
22%
78%
$4,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$4,005/mo
$-2,315/mo
2.4%

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.

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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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9309 Salisbury Ave | Property Details | No Agent List