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$257,000

NAL Estimated Property Value

9712 Norfolk Avenue, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,893 Sq Ft
price_per_sqft$137.08 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Disposal, Dishwasher, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,425 sqft

Building Information

Year Built1989
Garage Spaces2

Land Information

APNR29444
Lot Number3620
SubdivisionKings Gate
Land UseResidential
Legal DescriptionKINGS GATE L 362
Census Tract010504
Assessed Land Value$30,000
Assessed Improvement Value$201,854
Assessment Year2025

About this property

You don't want to miss out on this beautiful three bedroom, two bath house located in Kings Gate and in a cul-de-sac!! Now offering $5,000 in buyer's closing cost!! As you walk through you will notice the updated tile detail throughout the kitchen and both bathrooms!! The isolated primary bedroom is spacious with double sinks and a walk-in closet!! The tile flooring is a wonderful, light color that is easy to clean and will go with any style!! The bay window in the kitchen would be the perfect place to start your day, while allowing daylight to fill the room!! The special ceilings give the home a bigger and unique feel!! There is a nice covered patio out back for entertaining!! The storage shed is an excellent size for a workshop, any yard equiptment, and or extra decorations you want easy access to! Don't forget to notice the epoxy floor in the garage!! This is the perfect home for anyone looking to move!!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$0Estimated Mortgage Balance
$257,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,557 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,541
$231,854
2025
$30,000
$201,854
$231,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,541
$231,854

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$257,000
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
7.2%

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.

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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