$107,000
$107,000
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2 Beds
1 Bath
884 SqFt
SOLD DATE : 05/26/2026
Key Details
Sold Price $107,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 884 sqft
Price per Sqft $121
MLS Listing ID 202605985
Sold Date 05/26/26
Bedrooms 2
Full Baths 1
Year Built 1953
Annual Tax Amount $1,747
Lot Size 7,950 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Source Lubbock Association of REALTORS®
Property Description
Turnkey investment opportunity with immediate cash flow. This 2-bedroom, 1-bath home is currently tenant-occupied at $950/month, offering instant income from day one. The long-term tenant has occupied the property for over 30 years and has maintained it in exceptionally clean, well-kept condition—something rarely found in rental properties. Pride of occupancy shows throughout. Major recent update includes a fully replaced garage system with new motor, track, and door, reducing near-term maintenance concerns. Situated on a large lot with a spacious backyard, this property offers additional upside potential for future improvements, expansion, or increased rental value. Whether you're looking to add a stable performer to your portfolio or secure a low-maintenance entry into investing, this is a strong, proven asset with built-in reliability.
Location
State TX
County Lubbock
Area 3
Rooms
Basement Basement
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Appliance Dryer, Gas Cooktop, Refrigerator, Washer
Laundry In Garage, Laundry Chute, Washer Hookup
Exterior
Exterior Feature None
Parking Features Garage
Fence Back Yard
Roof Type Composition
Porch Front Porch
Private Pool No
Building
Foundation Pillar/Post/Pier
New Construction No
Schools
Elementary Schools Maedgen
Middle Schools Slaton
High Schools Monterey
School District Lubbock Isd
Others
Tax ID R137892
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition Trust
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