$225,000
510 E County Road 7270, Lubbock, TX, 79404
$292,500 ARV
On Market
Just Added
Property Lead Type:
ARV FlipAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesCooktop, Microwave
Exterior
Exterior FeaturesCourtyard
Lot Size2.50 acres
Building Information
Year Built1963
Roof Type112
Garage Spaces1
Land Information
APNR92141
Lot Number50
SubdivisionPutty Virginia Lou
Land UseResidential
Legal DescriptionPUTTY VIRGINIA LOU L 5 (LESS BLDG ONLY)
Census Tract010513
Assessed Land Value$35,000
Assessed Improvement Value$163,561
Assessment Year2025
About this property
Home with some acreage in Lubbock! Whether you're looking to build, invest, or create your own space, this property offers the land and flexibility to bring your vision to life. With approximately 2.5 acres, there is plenty of room for a future home, workshop, additional improvements, or other possibilities. Enjoy the space and freedom of acreage while still being conveniently located in the Lubbock area right off of US 87. Properties with this much land and potential are hard to come by—don't miss your chance to explore the possibilities!
Investor Tools
$0Estimated Mortgage Balance
$422,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$292,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$302
$198,561
2025
$35,000
$163,561
$198,561
No
Tax History
Year
Tax Paid
Assessed Value
2025
$302
$198,561
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$422,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
4.1%
