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$625,000

NAL Estimated Property Value

9401 Wayne Ave, Lubbock, TX, 79424

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,232 Sq Ft
price_per_sqft$152.41 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTankless Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Entrance, Private Yard
Lot Size11,238 sqft

Building Information

Year Built1993
Garage Spaces3

Land Information

APNR93028
Lot Number7810
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 781
Census Tract010502
Assessed Land Value$53,000
Assessed Improvement Value$524,469
Assessment Year2025

About this property

The perfect blend of comfort, elegance, privacy and community can be found in this beautiful home tucked away on a cul-de-sac in prestigious Lakeridge Country Club Estates. This property provides a serene escape from the bustle, while still being just minutes from top-rated schools, parks, shopping, and dining. Step inside to discover a spacious, light-filled layout featuring 4 bedrooms, each with their own bath, 3 living areas, plus a basement, an office, and another half bath. Oh and a three car garage! Truly, this house has it all! This home is perfect for a growing family or the hosts who love to entertain. The kitchen with its granite countertops and stainless steel appliances flows seamlessly into two separate living areas, both have fireplaces, that open up to an inviting back patio and lovely backyard. The two bedrooms upstairs, each with their own bath, also have a separate living area for a fantastic kid hangout or upstairs guests. The office has views of the peaceful, tree lined neighborhood, and the finished basement provides one more area to relax and enjoy a movie or a safe and cozy retreat during bad weather. This amazing property offers the ideal balance of charm, function, and location. Schedule your private tour today!

Investor Tools

Property Icon
$625,000
Estimated Property Value
$324,682Estimated Mortgage Balance
$300,318Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,870 /month
Positive
Cash Flow Estimate:
$1,290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,047/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,441
$577,469
2025
$53,000
$524,469
$577,469
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,441
$577,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Conventional
$330,000
No
First
Jun 24, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,682
$300,318
48%
52%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,979/mo
$-289/mo
3.2%

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: Lubbock

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9401 Wayne Ave | Property Details | No Agent List