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$224,000

5811 11th Place, UNIT 12, Lubbock, TX, 79416

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,733 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$129.26 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringPlank

Exterior

Exterior FeaturesCourtyard, Private Yard
Lot Size4,102 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APNR167663
Lot Number30
SubdivisionOaks The
Land UseResidential
Legal DescriptionOAKS THE L 3 & 1/16TH UDI L 17 (ROAD)
Census Tract000408
Assessed Land Value$22,400
Assessed Improvement Value$191,449
Assessment Year2025

About this property

Best kept secret of a townhome in The Oaks subdivision. This gated, brick-paved street lined with trees is an oasis! This townhome offers serenity and great amenities with more than 1,700 sq ft of gracious, comfortable living area. The main hallway opens up into a large living, dining and kitchen area. Tile and vinyl plank flooring throughout. The main bedroom has its own ensuite bathroom. A dedicated, private office space that could also serve as a small library, study, or other type of flex space juts off the main living area adds to the spaciousness. The laundry room has additional storage and also serves as a safe room, featuring steel reinforced doors. The focal point of the main living area is the large, stylish, automatic fireplace to cozy up next to - perfect for those chilly West Texas evenings. The backyard hosts a small covered courtyard/patio and small yard enclosed by a privacy fence.

Investor Tools

$15,496Estimated Mortgage Balance
$198,353Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,391
$213,849
2025
$22,400
$191,449
$213,849
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,391
$213,849

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$99,500
No
First
Jun 14, 2013
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,496
$198,353
92%
7%
$0/mo

City: Lubbock