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$225,000

8015 Richmond Ave, Lubbock, TX, 79424

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,958 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.91 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Double Oven, Dishwasher, Electric Cooktop, Oven, Refrigerator, Washer/Dryer
FlooringCarpet, Combination, Ceramic Tile, Linoleum

Exterior

Exterior FeaturesNone

Building Information

Garage Spaces2

About this property

Charming Home with Character, Recent Roof & Opportunity to Make It Your Own! Discover the charm and potential of this centrally located home in a desirable Lubbock neighborhood. Featuring classic character, a functional floor plan, and an established setting, this home offers a wonderful opportunity to create a space that reflects your own style. The home does need some updating, providing the opportunity for a new owner to personalize the finishes and bring their vision to life. A 1-year-old roof adds valuable peace of mind, while the metal-clad exterior trim offers a durable exterior feature. Enjoy a convenient location close to shopping, dining, and other Lubbock amenities, along with access to a neighborhood community pool. Located within Lubbock ISD, this home offers a combination of location, character, and potential that is hard to overlook. Whether you're looking for a home to personalize over time or an opportunity to add your own style and value, this property is ready for its next chapter!

Investor Tools

$0Estimated Mortgage Balance
$255,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

City: Lubbock

8015 Richmond Ave | Property Details | No Agent List