118 81st St Unit 2 Lubbock, TX 79404
Southgate NeighborhoodEstimated payment $903/month
Highlights
- Board and Batten Siding
- Central Heating and Cooling System
- Garage
About This Home
Looking for an affordable investment property with a proven rental history? This cozy home offers investors an opportunity to add an established income-producing property to their portfolio without the higher price point often associated with larger homes. Though modest in size, this property has consistently maintained an active lease, demonstrating steady rental demand and the potential for continued income. Its manageable footprint can also offer the appeal of keeping maintenance and operating costs more streamlined. For an investor looking to expand their portfolio, add another rental, or get into an accessible price point, this property is worth a closer look. The existing rental history provides a solid foundation for an investor looking for an income-producing asset. Whether you're a seasoned investor or looking to add your first rental property, this could be an excellent opportunity to build on your portfolio. Affordable. Income-Producing. Investment Ready. Contact us today for more information and to learn more about this unique investment opportunity!
Home Details
Home Type
- Single Family
Year Built
- Built in 2022
Lot Details
- 5,998 Sq Ft Lot
- Back Yard Fenced
Parking
- Garage
Home Design
- 1,172 Sq Ft Home
- Slab Foundation
- Composition Roof
- Board and Batten Siding
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Free-Standing Range
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number R338122
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,052 | $172,482 | $3,200 | $169,282 |
| 2024 | $3,131 | $172,431 | $3,200 | $169,231 |
| 2023 | $3,150 | $169,438 | $3,200 | $166,238 |
| 2022 | $5,325 | $263,052 | $3,200 | $259,852 |
| 2021 | $4,812 | $224,682 | $3,200 | $221,482 |
| 2020 | $4,669 | $214,732 | $4,800 | $209,932 |
| 2019 | $4,948 | $220,424 | $4,800 | $215,624 |
| 2018 | $4,368 | $194,310 | $4,800 | $189,510 |
| 2017 | $4,095 | $181,930 | $4,800 | $177,130 |
| 2016 | $4,447 | $197,586 | $2,400 | $195,186 |
| 2015 | $53 | $162,772 | $2,400 | $160,372 |
| 2014 | $53 | $2,400 | $2,400 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2026 08/24/26 | For Sale | $115,000 | -- | $98 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Impact Title | |
| Special Warranty Deed | $100,030 | Impact Title | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,030 | New Conventional | |
| Previous Owner | $100,030 | New Conventional |
Source: Lubbock Association of REALTORS®
MLS Number: 202611821
APN: R111443
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Ask me questions while you tour the home.