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$190,000

8012 Belmont Ave, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,959 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.99 / sqft
Year BuiltBuilt in 1974

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
AppliancesDisposal, Electric Range
FlooringCarpet

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,475 sqft

Building Information

Year Built1974
Roof Type105
Garage Spaces2

Land Information

APNR62261
Lot Number750
SubdivisionFarrar Estates
Land UseResidential
Legal DescriptionFARRAR ESTATES L 75
Census Tract001713
Assessed Land Value$11,250
Assessed Improvement Value$217,970
Assessment Year2025

About this property

Amazing opportunity! Great bones, and well cared for, This home is located in a great area, in a cul-de-sac. Very quiet area, with plenty of trees and landscaping. Home is a blank canvas for someone to update how they want, and tons of space for a growing family, rental property or Short Term Rental. Large open living area with vaulted ceiling and fireplace, great size kitchen with plenty of cabinetry, and spacious bedrooms. Come look at this one ASAP, just needs a little TLC!

Investor Tools

$74,958Estimated Mortgage Balance
$163,042Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

Travis Turner

Brick & Loft Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,344
$223,934
2025
$11,250
$217,970
$229,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,344
$223,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank Mortgage
Conventional
$113,050
No
First
Oct 19, 2012
Nov 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,958
$163,042
68%
31%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
7.3%

City: Lubbock

8012 Belmont Ave | Property Details | No Agent List