$398,000
NAL Estimated Property Value9808 Savannah Ave, Lubbock, TX, 79424
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesCooktop, Dishwasher, Double Oven, Electric Cooktop
FlooringHardwood, Tile
Exterior
Lot Size8,871 sqft
Building Information
Year Built2003
Roof Type105
Garage Spaces2
Land Information
APNR172594
Lot Number460
SubdivisionLakeridge Estates
Land UseResidential
Legal DescriptionLAKERIDGE ESTATES L 46
Census Tract010509
Assessed Land Value$53,226
Assessed Improvement Value$323,774
Assessment Year2025
About this property
Great home in the popular Lakeridge South subdivision in the heart of south Lubbock. Large bedrooms with great closets. Master suite features built-ins, and oversize master bathroom. There are plantation shutters throughout, wood floor in the dining room, and a large kitchen overlooking the inviting living room. Amazing opportunity in this area at this price.
Investor Tools
$398,000
Estimated Property Value
$0Estimated Mortgage Balance
$398,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,205
$377,000
2025
$53,226
$323,774
$377,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,205
$377,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$398,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
4.3%
