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Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.
| DAYS ON MARKET | 69 | LAST UPDATED | 6/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1961 | COMMUNITY | 1 |
| COUNTY | Lubbock | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Range, Gas Water Heater, Refrigerator |
| AREA | 1 |
| CONSTRUCTION | Brick Veneer |
| EXTERIOR | None |
| FIREPLACE | Yes |
| HEAT | Central, Fireplace(s) |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7405 sq ft |
| LOT DIMENSIONS | 0.17 |
| PARKING | Driveway |
| TAXES | 851 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with The 32:18 Management Group
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
