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$550,000

4615 138th Place, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.99 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, Double Oven, Exhaust Fan, Range, Stainless Steel Appliance(s)
FlooringCarpet, Luxury Vinyl, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,333 sqft

Building Information

Garage Spaces3

Land Information

APNR346795
Lot Number2340
SubdivisionStratford Pointe
Land UseResidential
Legal DescriptionSTRATFORD POINTE L 234
Census Tract010512
Assessed Land Value$60,000
Assessment Year2025

About this property

The one you've been searching for! This thoughtfully designed home built by Drop Tine Homes features 3 bedrooms, 2.5 bathrooms, a dedicated office, and a 3-car garage! Paired with custom-feel finishes throughout. From built-ins to elevated lighting selections, every detail was intentionally curated to create a refined, high-end living experience. Located in the sought-after Lubbock-Cooper ISD and zoned for the new Liberty High School.

Investor Tools

$430,971Estimated Mortgage Balance
$67,029Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Siairra Tharp

Southern Magnolia Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,241
$60,000
2025
$60,000
N/A
$60,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,241
$60,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Building Or Construction Loan
$440,042
No
First
Aug 29, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,971
$67,029
13%
87%
$2,639/mo

City: Lubbock

4615 138th Place | Property Details | No Agent List