$700,000
SOLD MAR 7, 2025
Last list price
4 Beds
3 Baths
4,720 Sq Ft
5.75 Acres

Recently Sold

$148 Per Sq Ft

87 Days on Market

Highlights

  • 5.75 Acre Lot
  • No HOA
  • Walk-In Closet
  • Terra Vista Middle School Rated A-
  • Fenced Yard
  • Outdoor Storage

About This Home

As of March 2025

Welcome to Elm Grove Mobile Home Village, an expansive 5.75-acre property offering a unique investment opportunity. This park features a spacious 4,720 square foot house and a 3,825 square foot shop, both currently unleased. Elm Grove Mobile Home Village includes 24 well-maintained mobile home units, each connected to one of twelve septic tanks, ensuring efficient waste management, while the house has its own separate septic system. All units, including the house, are serviced by a single well, ensuring a consistent water supply. This self-sufficient setup offers peace of mind and cost savings, making it a compelling opportunity for investors looking to maximize potential rental income and manage a profitable mobile home park.

Last Agent to Sell the Property

Greg Garrett

Keller Williams Realty License #0312404 Listed on: 07/22/2024

Keller Williams Realty

Co-Listed By

Houston Garrett

Keller Williams Realty License #0740265

Last Buyer's Agent

Michael Norsworthy

eXp Realty LLC License #0799136

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $321

Year Built

  • Built in 1959

Lot Details

  • 5.75 Acre Lot
  • Dirt Road
  • Fenced Yard
  • Gated Home
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,720 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Attic Fan

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Garage
  • 2 Carport Spaces
  • Garage Door Opener

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Purifier is Owned
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Gross Income $6,900

Listing and Financial Details

  • Assessor Parcel Number R29816

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$321

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Landscaped
  • Road Surface Type: Dirt
  • Co List Office Mls Id: 204
  • Co List Office Phone: 806-771-7710
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 4720.0
  • Carport Y N: Yes
  • Garage Yn: No
  • Reso Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • New Construction: No
  • Reso Other Structures: Storage, Workshop
  • ResoWindowFeatures: Window Coverings
  • Legal Description: BLK D6 SEC 6 AB 880 TR 6 FERGU
  • Location Tax and Legal Elementary School: Shallowater
  • Location Tax and Legal High School: Shallowater
  • Location Tax and Legal Parcel Number2: R29816
  • General Property Information Above Grade Finished Area: 4720.0
  • General Property Information Lot Size Acres: 5.75
  • General Property Information Lot Size Square Feet2: 250470.0
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Carport YN: Yes
  • General Property Information Basement YN: No
  • Location Tax and Legal:Tax Annual Amount: 2656.0
  • General Property Information Accessibility Features YN2: No
  • Water Softeners: Yes
  • Cooling:Central Air: Yes
  • Fencing Fenced: Yes
  • Appliances Microwave: Yes
  • Road Surface Type Dirt2: Yes
  • Roof:Composition: Yes
  • Cooling Attic Fan: Yes
  • Other Structures:Workshop: Yes
  • Other Structures Storage4: Yes
  • Location Tax and Legal Middle or Junior School: Shallowater
  • Laundry Features Common Area2: Yes
  • Fencing Gate: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Water Purifier, Water Softener, Water Softener Owned, Water Purifier Owned
  • Basement: No
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Water Purifier: Yes
  • Appliances:Water Purifier Owned: Yes

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Gate
  • Acres: 5.75
  • Construction Type: Brick
  • Construction Materials:Brick: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Garage Door Opener
  • General Property Information:Garage YN: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Attic Fan, Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Shallowater
  • Middle Or Junior School: Shallowater

Lot Info

  • Lot Size Sq Ft: 250470.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R29816
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2656.0

MLS Schools

  • Elementary School: Shallowater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2017
Sold by
Bushland Spring Llc
Bought by
Artistry Homes Llc
Current Estimated Value
$86,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,913,600
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 1994
Sold by
High Mesa Inc
Bought by
Hutcheson Cecil D

Purchase Details

Closed on
Sep 25, 1992
Sold by
Saddlehorn Investments Inc
Bought by
Hutcheson Cecil D

Purchase Details

Closed on
Aug 6, 1992
Sold by
Cochran Jacqueline
Bought by
Hutcheson Cecil D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title One
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,913,600 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold -- -- --
10/18/2024 10/18/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $700,000 0.0% $148 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $700,000 -- $148 / Sq Ft
Source: Lubbock Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $321 $18,670 $13,670 $5,000
2024 $321 $41,320 $35,820 $5,500
2023 $271 $12,965 $6,965 $6,000
2022 $286 $12,540 $6,965 $5,575
2021 $303 $12,540 $6,965 $5,575
2020 $286 $11,790 $6,965 $4,825
2019 $295 $11,790 $6,965 $4,825
2018 $295 $11,790 $6,965 $4,825
2017 $295 $11,790 $6,965 $4,825
2016 $295 $11,790 $6,965 $4,825
2015 $296 $11,790 $6,965 $4,825
2014 $296 $11,790 $6,965 $4,825
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lubbock Association of REALTORS®

MLS Number: 202410567

Lubbock Association of REALTORS®

APN: R27993