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2507 40th Street, Lubbock, TX 79413 (MLS # 202609329)

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PRICE $150,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,446 sqft
LOT SIZE 7,406 sqft

Whether you're looking to expand your rental portfolio or purchase your next income-producing property, this charming home offers excellent potential in an established Lubbock neighborhood. With a functional layout, spacious bedrooms, and a detached bonus building, the possibilities are endless for investors seeking strong rental appeal. Inside, you'll find a practical floor plan with generously sized living spaces, durable flooring in the main areas, and comfortable carpeted bedrooms. The kitchen offers abundant cabinet storage, ample counter space, and stainless steel appliances, while the adjacent laundry room adds everyday convenience. The primary bedroom is spacious and features its own private ensuite bath, providing added comfort for future tenants. Outside, the large backyard is a standout feature with an expansive wood deck perfect for outdoor entertaining, relaxing, or grilling. The detached outbuilding provides valuable flexibility and could serve as a workshop, storage space, hobby room, or additional workspace (buyer to verify permitted uses). Mature trees offer shade and privacy, while the oversized lot provides plenty of room to enjoy. Conveniently located near Texas Tech University, the Medical District, shopping, dining, parks, and major thoroughfares, this property is well-positioned for long-term rental demand or future value-add improvements. Whether you're looking for a property to hold as a rental, renovate for increased equity, or add to your investment portfolio, this is an opportunity you won't want to miss. Schedule your private showing today!

DAYS ON MARKET 1 LAST UPDATED 7/8/2026
YEAR BUILT 1950 COMMUNITY 3
COUNTY Lubbock STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Wheelock
Jr. High School Mackenzie
High School Monterey


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Gas Cooktop, Gas Oven
AREA 3
CONSTRUCTION Vinyl Siding
EXTERIOR Storage
HEAT Central, Natural Gas
INTERIOR Ceiling Fan(s)
LOT 7405 sq ft
LOT DIMENSIONS 0.17
PARKING On Street, Other
STORIES 1
STYLE Traditional
TAXES 2012
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Progressive Properties
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2026.

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