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$180,000

NAL Estimated Property Value

9805 Sherman Ave, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.82 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size5,337 sqft

Building Information

Year Built2009
Roof Type105
Garage Spaces2

Land Information

APNR311564
Lot Number40
SubdivisionStonebridge Community
Land UseResidential
Legal DescriptionSTONEBRIDGE COMMUNITY L 4
Census Tract010511
Assessed Land Value$14,800
Assessed Improvement Value$164,399
Assessment Year2025

About this property

Super clean and better than new! 3 bedroom - 2 baths. Open concept - perfect for entertaining * Tile floors * 2 closets in master bedroom * ceiling fans * well manicured yard * covered back patio.

Investor Tools

Property Icon
$180,000
Estimated Property Value
$120,043Estimated Mortgage Balance
$59,957Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,591
$179,199
2025
$14,800
$164,399
$179,199
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,591
$179,199

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$132,456
Yes
First
Nov 4, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,043
$59,957
33%
67%
$827/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$827/mo
+$723/mo
10.3%

City: Lubbock

9805 Sherman Ave | Property Details | No Agent List