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$211,000

NAL Estimated Property Value

9803 Sherman Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,630 Sq Ft
price_per_sqft$88.96 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size5,500 sqft

Building Information

Year Built2009
Roof Type105
Garage Spaces2

Land Information

APNR311565
Lot Number50
SubdivisionStonebridge Community
Land UseResidential
Legal DescriptionSTONEBRIDGE COMMUNITY L 5
Census Tract010511
Assessed Land Value$14,800
Assessed Improvement Value$186,706
Assessment Year2025

About this property

Beautiful, well maintained home. Owner has enlarged patio, added a screen door & gate to front porch, the fence has a treatment to seal the wood, newer, quicker dishwasher, & new Delta faucet in kitchen. The yard is beautiful & has already been sprayed for Spring weeds.

Investor Tools

Property Icon
$211,000
Estimated Property Value
$207,116Estimated Mortgage Balance
$3,884Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,073
$201,506
2025
$14,800
$186,706
$201,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,073
$201,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$213,805
Yes
First
Aug 12, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,116
$3,884
1%
98%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,282/mo
+$268/mo
8.8%

City: Lubbock

9803 Sherman Ave | Property Details | No Agent List