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$670,000

5307 154th Place, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,177 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.89 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Cooktop, Instant Hot Water, Microwave, Oven, Stainless Steel Appliance(s), Warming Drawer, Water Softener, Water Softener Owned
FlooringCarpet, Ceramic Tile, Engineered Hardwood

Exterior

Exterior FeaturesLighting, Private Yard, RV Hookup, Storage
Lot Size1.00 acres

Building Information

Year Built2019
Roof Type105
Garage Spaces2

Land Information

APNR158968
Lot Number350
SubdivisionHighland Oaks
Land UseResidential
Legal DescriptionHIGHLAND OAKS L 35
Census Tract010422
Assessed Land Value$38,000
Assessed Improvement Value$499,037
Assessment Year2025

About this property

Experience luxury acreage living in Highland Oaks! Situated on a beautifully landscaped 1-acre lot, this custom home, built in 2019, offers exceptional craftsmanship, designer finishes, and resort-style amenities inside and out. A grand entry welcomes you through stunning iron doors into an open-concept living space featuring a floor-to-ceiling stone fireplace with a raised mantel, in-floor heating throughout the main living area and kitchen, and abundant natural light. The gourmet kitchen is designed for both everyday living and entertaining with granite countertops, KitchenAid stainless steel appliances, a gas cooktop, abundant cabinetry, and generous workspace. The elegant dining room showcases a striking coffered ceiling, adding warmth and sophistication. The isolated primary suite is a true retreat, complete with a cozy window seat, luxurious Jacuzzi tub with a wall-mounted TV, walk-in steam shower, and an expansive walk-in closet with custom built-in shelving. Downstairs, the 320-square-foot basement is wired for surround sound, making it the perfect media room, game room, home gym, or storm shelter. Step outside to enjoy your own private oasis featuring a large covered patio overlooking a picturesque backyard with mature fruit trees, a charming gazebo, and a small pond. The property is fully equipped with a sprinkler system, two private water wells, a water softener, RV parking with hookups, and an oversized garage. Adding even more value is the impressive 30x40 insulated brick shop complete with electricity, plumbing, and an efficiency apartment--ideal for guests, a home office, hobbies, or additional workspace. Residents of Highland Oaks enjoy access to the neighborhood pool through the HOA, with annual dues of just $660. This one-of-a-kind property perfectly blends luxury, comfort, and functionality on one of southwest Lubbock's most desirable acreage communities. Schedule your private showing today!

Investor Tools

$0Estimated Mortgage Balance
$581,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,020 /month
Positive
Cash Flow Estimate:
$1,340 /month

Interested in this property?

Travis Torres

Coldwell Banker Trusted Adviso

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$819/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,925
$535,964
2025
$38,000
$499,037
$537,037
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,925
$535,964

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$581,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$660/mo
+$780/mo
3.0%

City: Lubbock