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$359,000

NAL Estimated Property Value

7902 Louisville Ave, Lubbock, TX, 79423

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.16 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Electric Oven
FlooringCarpet, Concrete, Laminate

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size9,040 sqft

Building Information

Year Built1972
Roof Type105
Garage Spaces2

Land Information

APNR49118
Lot Number1920
SubdivisionMelonie Park South
Land UseResidential
Legal DescriptionMELONIE PARK SOUTH L 192
Census Tract001904
Assessed Land Value$25,600
Assessed Improvement Value$266,089
Assessment Year2025

About this property

Melonie Park 4 bedroom for sale! This home features 4 bedrooms 2 baths and a 2 car garage. Large rooms and tons of storage plus a workshop out back. There is updating and repairs needed so we are priced accordingly. This home is on the corner and is in a great area. With TLC this is a dream home.

Investor Tools

Property Icon
$359,000
Estimated Property Value
$145,668Estimated Mortgage Balance
$213,332Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,161
$291,689
2025
$25,600
$266,089
$291,689
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,161
$291,689

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Happy State Bank
Conventional
$162,000
No
First
Jul 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,668
$213,332
59%
41%
$972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$972/mo
+$848/mo
6.1%

City: Lubbock

7902 Louisville Ave | Property Details | No Agent List