$199,000
NAL Estimated Property Value9702 Waco Ave, Lubbock, TX, 79423
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Dishwasher, Microwave
FlooringCarpet
Exterior
Lot Size8,541 sqft
Building Information
Year Built2002
Roof Type105
Garage Spaces2
Land Information
APNR166633
Lot Number440
SubdivisionSouthridge
Land UseResidential
Legal DescriptionSOUTHRIDGE L 44
Census Tract010506
Assessed Land Value$30,000
Assessed Improvement Value$157,222
Assessment Year2025
About this property
This 3 bedroom beauty, with mature trees on a corner lot in south Lubbock is waiting for its new owners. Entertain inside in open concept Living / Dining / Kitchen or outside on the extended patio and pergola with upgraded 7 ft privacy fence. Large Master bedroom is isolated to the back of the home with on suite master bath. Two additional bedrooms and hall bath located towards the front and right of the entry to this lovely, move-in ready & cul-de-sac street home.
Investor Tools
$199,000
Estimated Property Value
$124,775Estimated Mortgage Balance
$74,225Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,705
$187,222
2025
$30,000
$157,222
$187,222
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,705
$187,222
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$142,500
No
First
Jan 13, 2020
Feb 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,775
$74,225
37%
63%
$855/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$855/mo
+$695/mo
9.3%
