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$235,000

NAL Estimated Property Value

9803 Homestead Ave, Lubbock, TX, 79424

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,519 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.62 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Free-Standing Range
FlooringCarpet, Tile

Exterior

Lot Size6,606 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APNR173800
Lot Number190
SubdivisionLakewood Estates
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES L 19
Census Tract010421
Assessed Land Value$22,000
Assessed Improvement Value$195,602
Assessment Year2025

About this property

Great 3/2/2 with fresh paint. Excellent front and backyard, with a new shed in the backyard. $2500 Allowance for new carpet or your choice of flooring. Open Concept!! Amazing home, excellent location, and superb School District!!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$126,134Estimated Mortgage Balance
$108,866Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,628
$217,602
2025
$22,000
$195,602
$217,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,628
$217,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$140,000
No
First
Mar 26, 2021
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,134
$108,866
46%
54%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$840/mo
+$600/mo
7.4%

City: Lubbock

9803 Homestead Ave | Property Details | No Agent List