Large Location Icon

5002 116th St; Lubbock, TX Property Details

5002 116th St, Lubbock, TX is a Single Family that was built in 2019. This property is currently Financed and is not for sale. Our records show that 5002 116th St has 4 bedrooms, and 3 bathrooms, and a total of 3,324 square feet. The lot size of 5002 116th St is 11,475 square feet.

Off market
5002 116th St Lubbock, TX 79424
$785,615 Estimated Value
4 Beds
3 Baths
3,324 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2019
  • Purchase Price: $562,500
  • Open Loans / Balance: 1 / $273,032
  • Est. Equity / %: $576,968 / 67.88%
  • Gross Yield: 3.1%
  • APN: R332477
  • Situs County: Lubbock
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

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

Measurements

  • Total: 3,324/SqFt
  • Lot: 11,475/SqFt
  • Gross: 4,556/SqFt
  • Garage: 1,232/SqFt
  • Living: 3,324/SqFt
  • Building: 4,556/SqFt
  • Ground: 3,324/SqFt
  • Garage Unfinished: 1,232/SqFt
  • Price Per Square Foot: $169.22

Legal Description

  • Description: OAKMONT ESTATES L 297
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: 33.48899 / -101.91912
  • Subdivision: Oakmont Estates
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 7602
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $60
  • H O A Amount: $60
  • H O A One Frequency: Monthly
  • H O A One Name: Oakmont Estates Of Lubbock Property Owners Association
  • H O A One Type: Home Owner Association

Ownership Info

5002 116th St has no associated ownership info
5002 116th St has no associated ownership info.

Taxes

5002 116th St has 10 associated Taxes items

5002 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 $785,615. The APN we've located for 5002 116th St is R332477.

Unlock the full report
Taxes
  • Assessed Value:  $785,615
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R332477
  • Assessed Land Value:  68850
  • Market Land Value:  68850
  • Tax Amount:  14538.74
  • Tax Year:  2024
  • Market Value:  785615
  • Market Year:  2025

Tax History

5002 116th St has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $785,615 Land Value $68,850 Improvement Value $716,765 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $797,755 Land Value $68,850 Improvement Value $728,905 Tax Amount $14,538.74 Change Rate +0.07219% Assessed CR Tax Rate +0.018225%
Year 2023 Assessed Value $699,972 Land Value $68,850 Improvement Value $684,492 Tax Amount $13,559.85 Change Rate -0.032185% Assessed CR Tax Rate +0.019372%
Year 2022 Assessed Value $636,338 Land Value $68,850 Improvement Value $567,488 Tax Amount $14,010.78 Change Rate +0.003919% Assessed CR Tax Rate +0.022018%
Year 2021 Assessed Value $605,000 Land Value $68,850 Improvement Value $536,150 Tax Amount $13,956.08 Change Rate +0.043115% Assessed CR Tax Rate +0.023068%
Year 2020 Assessed Value $571,490 Land Value $68,850 Improvement Value $502,640 Tax Amount $13,379.23 Change Rate +6.837219% Assessed CR Tax Rate +0.023411%
Year 2019 Assessed Value $68,850 Land Value $68,850 Improvement Value Tax Amount $1,707.14 Change Rate Assessed CR Tax Rate +0.024795%