Large Location Icon

5007 Prospect Ave; Lubbock, TX Property Details

5007 Prospect Ave, Lubbock, TX is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 5007 Prospect Ave has 4 bedrooms, and 3 bathrooms, and a total of 2,239 square feet. The lot size of 5007 Prospect Ave is 7,705 square feet.

Off market  •   Pre Probate ✓
5007 Prospect Ave Lubbock, TX 79407
$342,000 Listing Price
4 Beds
3 Baths
2,239 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $342,000
  • Open Loans / Balance: 1 / $202,504
  • Est. Equity / %: $173,496 / 46.14%
  • Gross Yield: 8.614%
  • APN: R336952
  • Situs County: Lubbock
  • Length Of Ownership: 4 years, 9 months

Rooms

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

Structure

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

Measurements

  • Total: 2,239/SqFt
  • Lot: 7,705/SqFt
  • Gross: 2,745/SqFt
  • Garage: 506/SqFt
  • Living: 2,239/SqFt
  • Building: 2,745/SqFt
  • Ground: 2,239/SqFt
  • Price Per Square Foot: $152.75

Legal Description

  • Description: WESTMONT L 12
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Frenship Independent School District
  • Lat / Lon: 33.54786 / -101.96398
  • Subdivision: Westmont
  • Property Class: Residential
  • County Use Code: A1

Amenities

  • Plus Four: 5205
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Type: Planned Unit Development

Ownership Info

5007 Prospect Ave has no associated ownership info
5007 Prospect Ave has no associated ownership info.

Taxes

5007 Prospect Ave has 10 associated Taxes items

5007 Prospect Ave, 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 $356,064. The APN we've located for 5007 Prospect Ave is R336952.

Unlock the full report
Taxes
  • Assessed Value:  $356,064
  • Assessed Year:  2025
  • Assessed County:  Lubbock
  • APN:  R336952
  • Assessed Land Value:  53935
  • Market Land Value:  53935
  • Tax Amount:  8690.21
  • Tax Year:  2024
  • Market Value:  356064
  • Market Year:  2025

Tax History

5007 Prospect Ave has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $356,064 Land Value $53,935 Improvement Value $302,129 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $424,712 Land Value $53,935 Improvement Value $370,777 Tax Amount $8,690.21 Change Rate +0.182964% Assessed CR Tax Rate +0.020461%
Year 2023 Assessed Value $350,813 Land Value $53,935 Improvement Value $296,878 Tax Amount $7,346.13 Change Rate -0.029716% Assessed CR Tax Rate +0.02094%
Year 2022 Assessed Value $332,543 Land Value $53,935 Improvement Value $278,608 Tax Amount $7,571.11 Change Rate +9.877875% Assessed CR Tax Rate +0.022767%
Year 2021 Assessed Value $29,400 Land Value $29,400 Improvement Value Tax Amount $696.01 Change Rate Assessed CR Tax Rate +0.023674%