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$299,000

7311 74th St, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,633 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.1 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesAwning(s)
Lot Size30,750 sqft

Building Information

Year Built1993
Roof Type105
Garage Spaces575

Land Information

APNR98902
Lot Number230
SubdivisionRancho Verde Estates
Land UseResidential
Legal DescriptionRANCHO VERDE ESTATES L 23
Census Tract010412
Assessed Land Value$37,500
Assessed Improvement Value$214,138
Assessment Year2025

About this property

Space, updates, and a rare finished basement on nearly three-quarters of an acre! This southwest Lubbock property sits on a generous .71-acre lot, offering room to spread out, garden, add a shop, or simply enjoy the extra space that's hard to find in town. Inside, a 400 sq ft finished basement adds valuable flexible space for a game room, home office, gym, or media room, a feature few Lubbock homes can offer. The big-ticket items have already been taken care of: the roof is approximately one year old, the electrical panel was updated within the last 1-2 years, the HVAC units were recently serviced, and the water heater is about five years old. With major systems in solid shape, you can focus on making it your own. Don't miss the chance to own this much land in 79424. Schedule your showing today!

Investor Tools

$185,270Estimated Mortgage Balance
$94,730Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Peaches Hurtado

Brick & Loft Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,075
$228,004
2025
$37,500
$214,138
$251,638
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,075
$228,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank & Trust
Fha
$206,043
Yes
First
Jun 1, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,270
$94,730
33%
66%
$1,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,236/mo
+$204/mo
6.2%

City: Lubbock

7311 74th St | Property Details | No Agent List