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The numbers do not lie. At $110,000 with a tenant already in place at $975 per month on a fixed lease, this 3-bedroom, 1-bathroom Central Lubbock home is cash flowing from day one with no vacancy, no lease-up, and no headaches. With a GRM under 10 and a cap rate pushing double digits, this is a stabilized asset priced to move in one of West Texas's strongest rental markets. Minutes from Texas Tech University, schools, parks, and everyday conveniences, the location helps keep tenant demand consistently high. Photos reflect the pre-lease condition of the property. This is how portfolios get built, so do not let someone else close on your next cash-flowing door.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/23/2026 |
|---|---|---|---|
| YEAR BUILT | 1952 | COMMUNITY | 3 |
| COUNTY | Lubbock | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Wheelock |
|---|---|
| Jr. High School | Slaton |
| High School | Monterey |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 3 |
| CONSTRUCTION | Asbestos |
| EXTERIOR | Private Yard |
| HEAT | Central, Electric |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7405 sq ft |
| LOT DIMENSIONS | 0.17 |
| PARKING | Driveway |
| TAXES | 1728 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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