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5001 116th St; Lubbock, TX Property Details

5001 116th St, Lubbock, TX is a Single Family that was built in 2024. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 5001 116th St has 4 bedrooms, and 4 bathrooms, and a total of 5,714 square feet. The lot size of 5001 116th St is 20,087 square feet.

Off market
5001 116th St Lubbock, TX 79424
$1,550,432 Estimated Value
4 Beds
4 Baths
5,714 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2024
  • Open Loans / Balance: 1 / $1,584,171
  • Est. Equity / %: $902,829 / 36.3%
  • Gross Yield: 1.141%
  • APN: R332465
  • Situs County: Lubbock
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Quality: A
  • Roof Type: Hip
  • Pool Type: Pool & Spa
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 5,714/SqFt
  • Lot: 20,087/SqFt
  • Gross: 7,044/SqFt
  • Garage: 1,330/SqFt
  • Living: 5,714/SqFt
  • Building: 7,044/SqFt
  • Ground: 5,714/SqFt

Legal Description

  • Description: OAKMONT ESTATES L 285A
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lubbock-Cooper Independent School District
  • Lat / Lon: 33.488396 / -101.91924
  • Subdivision: Oakmont Estates
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Pool: true
  • Plus Four: 7603
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $725
  • H O A Amount: $725
  • H O A One Frequency: Annual
  • H O A One Name: Oakmont Estates Of Lubbock Property Owners Association
  • H O A One Type: Home Owner Association

Ownership Info

5001 116th St has no associated ownership info
5001 116th St has no associated ownership info.

Taxes

5001 116th St has 10 associated Taxes items

5001 116th St, Lubbock, TX pays taxes in Lubbock County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,550,432. The APN we've located for 5001 116th St is R332465.

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Taxes
  • Assessed Value:  $1,550,432
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R332465
  • Assessed Land Value:  120522
  • Market Land Value:  120522
  • Tax Amount:  2500.22
  • Tax Year:  2024
  • Market Value:  1550432
  • Market Year:  2025

Tax History

5001 116th St has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,550,432 Land Value $120,522 Improvement Value $1,429,910 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $120,522 Land Value $120,522 Improvement Value Tax Amount $2,500.22 Change Rate +0.987883% Assessed CR Tax Rate +0.020745%
Year 2023 Assessed Value $59,772 Land Value $59,772 Improvement Value Tax Amount $1,257.73 Change Rate -0.079894% Assessed CR Tax Rate +0.021042%
Year 2022 Assessed Value $59,772 Land Value $59,772 Improvement Value Tax Amount $1,366.94 Change Rate -0.032392% Assessed CR Tax Rate +0.022869%
Year 2021 Assessed Value $59,772 Land Value $59,772 Improvement Value Tax Amount $1,412.7 Change Rate -0.016411% Assessed CR Tax Rate +0.023635%
Year 2020 Assessed Value $59,772 Land Value $59,772 Improvement Value Tax Amount $1,436.27 Change Rate -0.030883% Assessed CR Tax Rate +0.024029%
Year 2019 Assessed Value $59,772 Land Value $59,772 Improvement Value Tax Amount $1,482.04 Change Rate Assessed CR Tax Rate +0.024795%