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$175,000

7424 35th Street, Lubbock, TX, 79407

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,006 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.96 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size4,900 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces1

Land Information

APNR346258
Lot Number9650
SubdivisionUpland Crossing
Land UseResidential
Legal DescriptionUPLAND CROSSING L 965
Census Tract010419
Assessed Land Value$30,000
Assessed Improvement Value$119,819
Assessment Year2025

About this property

Move-in ready and designed for easy living, this charming cottage style home in highly desirable Upland Crossing offers low-maintenance living in Frenship ISD, just minutes from the new Frenship Memorial High School. Inside, you'll find a thoughtfully designed floor plan featuring luxury vinyl plank flooring throughout the main living areas and kitchen, with cozy carpet in the bedrooms. The refrigerator conveys, making moving in a breeze. The xeriscaped front and back yards offer minimal upkeep, while the backyard is ready for relaxing with a hot tub and space for a fire pit. Conveniently located near Costco, shopping, and dining, this home is ideal for first-time buyers, those looking to downsize, or investors seeking excellent AirBNB / short-term rental potential.

Investor Tools

$150,863Estimated Mortgage Balance
$32,137Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

Interested in this property?

Annette Garcia

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$969
$149,819
2025
$30,000
$119,819
$149,819
No

Tax History

Year
Tax Paid
Assessed Value
2025
$969
$149,819

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Va
$160,475
Yes
First
Jun 7, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,863
$32,137
17%
82%
$963/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,017/mo
$963/mo
+$54/mo
6.7%

City: Lubbock

7424 35th Street | Property Details | No Agent List