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A+
NoAgentList RatingHow are grades calculated? Info

$402,000

9606 Topeka Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.65 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher, Microwave, Trash Compactor
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBarbecue, Outdoor Grill
Lot Size9,840 sqft

Building Information

Year Built1982
Garage Spaces2

Land Information

APNR116826
Lot Number3280
SubdivisionLakeridge Country Club Estates
Land UseResidential
Legal DescriptionLAKERIDGE C C EST L 328
Census Tract010502
Assessed Land Value$53,000
Assessed Improvement Value$326,770
Assessment Year2025

About this property

Beautiful Lakeridge home with timeless updates and classic Lakeridge character. This 3/3/2 is open and inviting with its lovely hardwood floors in the grand entry and its stunning cathedral ceiling in the spacious living room. You will find built ins, plantation shutters, and special ceilings throughout this lovely home. The second living area features a great office nook. The updated kitchen is impressive featuring stainless Jenn Air appliances including a double oven. The two living areas plus a formal dining area make this home an entertainer's delight. The backyard is a retreat with its large covered patio and attached gas grill. Mature landscaping is found in both the front and back yards. 50 year roof! Such a great home at a great price!

Investor Tools

Property Icon
$402,000
Estimated Property Value
$0Estimated Mortgage Balance
$402,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,853
$379,770
2025
$53,000
$326,770
$379,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,853
$379,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$402,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
4.3%

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.

Explore Texas Explore This Area
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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9606 Topeka Ave | Property Details | No Agent List