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Attention Investors: Turnkey Rental Property with Equity! Cash flow instantly! 1 of 4 value add deals in this package Calling all investors and contractors! This 3 bedroom, 2 bathroom brick home is ready for its next owner! Located minutes from Texas Tech and quick access to loop 289. The best part is its already occupied for $1400 per month! Talk about CASH FLOW day 1! Key Features: Brick Exterior, Updated Kitchen, Beautiful flooring throughout, Brick Fireplace, Massive Backyard! Sold as-is, offering a blank canvas for your creative vision. Perfect project for Investors or DIY enthusiasts. Investor special with immense profit potential ($15,000 gross margins). Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1450 per month market rent. Currently occupied until early next year! With its location and ample room for your creative vision, this property presents a great opportunity to maximize returns.
| DAYS ON MARKET | 137 | LAST UPDATED | 2/22/2025 |
|---|---|---|---|
| YEAR BUILT | 1954 | COMMUNITY | 2 |
| COUNTY | Lubbock | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Brown |
|---|---|
| Jr. High School | Slaton |
| High School | Monterey |
| PRICE HISTORY | |
| Prior to Dec 12, '24 | $135,000 |
|---|---|
| Dec 12, '24 - Feb 22, '25 | $130,000 |
| Feb 22, '25 - Today | $118,500 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 2 |
| CONSTRUCTION | Other |
| FIREPLACE | Yes |
| HEAT | Central, Natural Gas |
| LOT | 8276 sq ft |
| PARKING | Off Street |
| TAXES | 2153 |
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.
