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$163,000

NAL Estimated Property Value

9311 Detroit Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,280 Sq Ft
price_per_sqft$128.91 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Water Heater

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,441 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces2

Land Information

APNR110643
Lot Number2400
SubdivisionUniversity Pines
Land UseResidential
Legal DescriptionUNIVERSITY PINES L 240
Census Tract010505
Assessed Land Value$11,200
Assessed Improvement Value$103,216
Assessment Year2025

About this property

Charming and beautifully updated 3 bedroom, 2 bathroom home with a 2 car garage in Lubbock, Texas. This move in ready property offers a fresh, modern feel with thoughtful upgrades throughout. The spacious living area features updated flooring and a welcoming layout that is perfect for both relaxing and entertaining. The kitchen has been tastefully renovated with modern finishes, updated countertops, stylish fixtures, and plenty of cabinet space, making it both functional and inviting. The primary suite offers a unique accent wall. The additional two bedrooms are well sized and versatile, ideal for guests, a home office, or growing families. The second bathroom has also been updated with contemporary touches. Outside, you will find plenty of space to enjoy West Texas evenings. The two car garage provides ample storage and convenience. Located in Lubbock, this home offers easy access to shopping, dining, schools, and parks while providing the comfort of a quiet residential neighborhood.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,167
$114,416
2025
$11,200
$103,216
$114,416
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,167
$114,416

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$163,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
11.4%

City: Lubbock

9311 Detroit Ave | Property Details | No Agent List