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$429,900

7517 56th Street, Lubbock, TX, 79407

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,099 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.81 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Microwave, Oven, Range
FlooringCarpet, Luxury Vinyl

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard
Lot Size7,440 sqft

Building Information

Garage Spaces2

Land Information

APNR349643
SubdivisionEscondido Ranch
Land UseVacant Residential
Legal DescriptionESCONDIDO RANCH L 243
Census Tract010419
Assessed Land Value$50,000
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2-bathroom home featuring a dedicated home office, perfectly situated in the highly sought-after Escondido Ranch neighborhood. This beautiful property puts you just moments away from top-rated schools, local shopping, and popular restaurants. Inside, you will find a bright open-concept living space designed for entertaining, complemented by cathedral ceilings that amplify the natural light. Built with the craftsmanship, high-end finishes, and thoughtful design elements you expect from Addison Homes, this residence blends quality construction with everyday function.

Investor Tools

$335,645Estimated Mortgage Balance
$114,355Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Josh Nichols

Providence Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,029
$50,000
2025
$50,000
N/A
$50,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,029
$50,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank
Commercial
$338,096
No
First
Apr 6, 2026
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,645
$114,355
25%
75%
$2,028/mo

City: Lubbock