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Calling all investors and contractors! This 3 bedroom, 1 bathroom property with a 1 bed efficiency is just 7 minutes from Texas Tech, and it just needs someone who can make it shine. This property performs well beyond the 1% rule! Key Features: Spacious kitchen great natural lighting beautiful rock accent interior Newly renovated bathroom Roof in great condition Big backyard Fixer-upper in need of some tender loving care (TLC) Sold as-is, offering a blank canvas for your creative vision Perfect project for contractors or DIY enthusiasts Investor special with immense profit potential ($45,000-$65,000 gross margins) Ideal for landlords looking to expand their portfolio This home has great potential as a rental property for $1800 - $2000 per month market rent. Currently vacant and ready for improvement! With its location near Texas Tech and ample room for improvement, this property is a great opportunity to maximize returns.
| DAYS ON MARKET | 182 | LAST UPDATED | 2/22/2025 |
|---|---|---|---|
| YEAR BUILT | 1939 | COMMUNITY | 2 |
| COUNTY | Lubbock | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Bean |
|---|---|
| Jr. High School | Slaton |
| High School | Monterey |
| PRICE HISTORY | |
| Prior to Jan 15, '25 | $130,000 |
|---|---|
| Jan 15, '25 - Feb 22, '25 | $125,000 |
| Feb 22, '25 - Today | $115,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 2 |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Central, Natural Gas |
| LOT | 0.28 acre(s) |
| PARKING | Off Street |
| TAXES | 2918 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Lubbock Discount Realty
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
