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$239,000

7506 85th St, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.65 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range, Microwave
FlooringConcrete, Hardwood, Tile

Exterior

Exterior FeaturesOther
Lot Size6,930 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APNR304608
Lot Number550
SubdivisionCambridge Way
Land UseResidential
Legal DescriptionCAMBRIDGE WAY L 55
Census Tract010412
Assessed Land Value$15,246
Assessed Improvement Value$200,881
Assessment Year2025

About this property

Welcome to 7506 85th Street! Located on a cul-de-sac in Frenship ISD, this inviting brick home features a new roof, new HVAC system, and a new 8-foot privacy fence. The spacious living area offers a fireplace, built-in shelving, and an open connection to the kitchen and dining area. The kitchen includes abundant cabinetry, generous counter space, a breakfast bar, and a gas range. Natural light fills the dining area, with convenient access to the backyard. The primary bathroom features separate vanities, a soaking tub, a separate shower, and a walk-in closet with built-in storage. A dedicated laundry room and attached two-car garage add everyday convenience. Enjoy the covered patio and private backyard, while a mature front-yard tree adds shade and curb appeal. Schedule your showing today!

Investor Tools

$95,668Estimated Mortgage Balance
$179,332Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Jeremias Torres

Lubbock Discount Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,450
$216,127
2025
$15,246
$200,881
$216,127
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,450
$216,127

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$144,735
Yes
First
Apr 25, 2012
May 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,668
$179,332
65%
35%
$868/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$868/mo
+$572/mo
6.3%

City: Lubbock

7506 85th St | Property Details | No Agent List