$1,250,000
$225K PRICE DROP

5513 County Road 7940 Lubbock, TX 79424

Estimated payment $7,507/month

Total Views 8,657
10 Acres
$119,732 Price per Acre
454,766 Sq Ft Lot

About This Lot

This luxurious estate situated on 10.437 acres of land, features a spacious custom-built home with a total of 5129 sq ft of living space. The residence includes a 4274 sq ft main house with 4 bedrooms and 3.5 bathrooms, and a 532 sq ft finished basement. Additionally, there is an 855 sq ft unfinished pool house on the property. The main house boasts a chef's kitchen with custom cabinets, granite countertops, double ovens, a center island, and a breakfast area, along with a formal dining room. The primary bedroom suite offers an en-suite bathroom with a marble soaking tub, vanities, and a separate shower. The outdoor living space features a large l-shaped covered patio, and a luxurious Gunite saltwater pool for relaxation and entertainment. Adjacent to the pool area is a kennel/dog run for pets. The property also includes a substantial 75x55 sq ft shop that can serve as storage, hobby space, or a workshop to cater to various needs and interests.

Listing Agent

Vanessa Nunez

Ranch Texas brokered by SimpliHOM License #610401 Listed on: 03/27/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,240

Lot Details

  • Kennel
  • Current uses include residential single
  • Potential uses include residential single

Additional Features

  • Shop
  • Easements include utilities
  • 1 Water Well

Property Details

Property Type

Land

Est. Annual Taxes

$7,240

Lot Details

0

Listing Details

  • Office Phone: 806-484-0181
  • Listing Website: https://www.land.com/property/5513-county-road-7940-lubbock-texas-79424/19865947/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Outside Features: Kennels
  • Potential Use: Residential Single
  • Number of Wells: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt

Lot Info

  • Current Use: Residential Single
  • Barn Description: Shop Building
  • Lot Description: Acreage, Undivided
  • Easements: Utilities

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $7,240 $523,967 $64,647 $459,320
2023 $7,425 $529,165 $64,647 $464,518
2022 $10,001 $552,497 $38,201 $514,296
2021 $11,238 $603,766 $38,201 $565,565
2020 $11,709 $609,371 $38,201 $571,170
2019 $12,028 $600,797 $38,201 $562,596
2018 $11,005 $546,179 $38,201 $507,978
2017 $8,533 $422,890 $38,201 $384,689
2016 $7,757 $384,445 $38,201 $346,244
2015 $7,666 $389,912 $38,201 $351,711
2014 $7,666 $393,648 $38,201 $355,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $1,250,000 -15.2% $221 / Sq Ft
07/01/2025 07/01/25 For Sale $1,474,000 +17.9% $260 / Sq Ft
07/01/2025 07/01/25 Price Changed $1,250,000 -15.2% --
06/06/2025 06/06/25 Pending -- -- --
03/24/2025 03/24/25 Price Changed $1,474,000 -0.1% $260 / Sq Ft
02/08/2025 02/08/25 Price Changed $1,474,900 0.0% $261 / Sq Ft
11/15/2024 11/15/24 Price Changed $1,475,000 -7.5% $261 / Sq Ft
08/17/2024 08/17/24 Price Changed $1,595,000 +8.1% $282 / Sq Ft
03/27/2024 03/27/24 For Sale $1,475,000 -13.0% --
03/18/2024 03/18/24 For Sale $1,695,000 -- $299 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Independence Title
Deed -- --
Vendors Lien -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,080,000 Construction
Previous Owner $1,017,000 Construction
Previous Owner $275,093 New Conventional
Previous Owner $320,950 Unknown
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records