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$295,000

9609 Hope Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,767 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.29 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop, Microwave, Range, Water Softener, Water Softener Owned
FlooringVinyl

Exterior

Lot Size6,882 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces2

Land Information

APNR334291
Lot Number5810
SubdivisionDay Estates
Land UseResidential
Legal DescriptionDAY ESTATES L 581A
Census Tract010415
Assessed Land Value$32,430
Assessed Improvement Value$258,216
Assessment Year2025

About this property

Welcome to 9609 Hope Ave, a beautifully designed, well-kept 3-bedroom, 2-bathroom home located in the highly sought-after Frenship School District in Lubbock, TX. This ADA-compliant residence offers comfort and convenience with spacious living areas, featuring vinyl plank flooring throughout for a modern, low-maintenance touch. In the kitchen, you'll find amazing granite countertops, recirculating hot water, a water softener (perfect for West Texas hard water), and high-end finishes. The master bedroom boasts double walk-in closets, providing ample storage and organization space. Enjoy the ease of a 2-car garage and a large, fully fenced backyardperfect for outdoor gatherings or simply relaxing on the expansive back porch. Whether you're hosting friends or enjoying quiet moments at home, this property is built to accommodate every need. Don't miss the opportunity to make 9609 Hope Ave your new home!

Investor Tools

Property Icon
$295,000
Estimated Property Value
$279,837Estimated Mortgage Balance
$21,354Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,838
$290,646
2025
$32,430
$258,216
$290,646
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,838
$290,646

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$279,837
Yes
First
Feb 24, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,646
$21,354
7%
93%
$1,678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,678/mo
$-238/mo
5.9%

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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9609 Hope Ave | Property Details | No Agent List