1608 48th St Lubbock, TX 79412
Ballenger NeighborhoodEstimated payment $1,255/month
Highlights
- Open Floorplan
- High Ceiling
- Covered Patio or Porch
- Traditional Architecture
- Granite Countertops
- 2 Car Attached Garage
About This Home
Turnkey investment opportunity with immediate cash flow! This well-maintained 3-bedroom, 2-bathroom home is currently leased through May 2027 at $1,500/month, offering stable long-term income from day one. Inside, the property features an open-concept layout with durable tile flooring throughout the main living areas and brand-new vinyl flooring in all bedrooms for low-maintenance ownership. The kitchen is both functional and attractive, complete with granite countertops, ample prep space, and abundant cabinetry. The isolated primary suite adds privacy and includes two spacious walk-in closets along with a well-appointed en suite bath featuring modern finishes. With desirable features, strong rental appeal, and an established tenant in place, this property is an excellent addition to any investment portfolio.
Home Details
Home Type
- Single Family
Year Built
- Built in 2016
Lot Details
- 7,105 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
- Interior Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,616 Sq Ft Home
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Blinds
Kitchen
- Breakfast Bar
- Free-Standing Gas Range
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Dual Closets
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number R317128
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 | $2,428 | $160,457 | $14,627 | $145,830 |
| 2024 | $24 | $133,714 | $18,000 | $115,714 |
| 2023 | $4,468 | $240,372 | $10,658 | $229,714 |
| 2022 | $3,576 | $176,668 | $10,658 | $166,010 |
| 2021 | $2,928 | $136,740 | $10,658 | $126,082 |
| 2020 | $3,002 | $138,040 | $10,658 | $127,382 |
| 2019 | $2,958 | $131,771 | $10,658 | $121,113 |
| 2018 | $2,990 | $132,994 | $10,658 | $122,336 |
| 2017 | $2,563 | $113,879 | $10,658 | $103,221 |
| 2015 | $237 | $10,658 | $10,658 | $0 |
| 2014 | $237 | $10,658 | $10,658 | $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 |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | Price Changed | $195,000 | -1.0% | $121 / Sq Ft |
| 03/30/2026 03/30/26 | Price Changed | $197,000 | -1.5% | $122 / Sq Ft |
| 03/20/2026 03/20/26 | Price Changed | $200,000 | -4.8% | $124 / Sq Ft |
| 03/02/2026 03/02/26 | Price Changed | $210,000 | -2.3% | $130 / Sq Ft |
| 02/23/2026 02/23/26 | For Sale | $215,000 | -- | $133 / 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 |
|---|---|---|---|
| Vendors Lien | -- | Title One | |
| Vendors Lien | -- | Title One |
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 |
|---|---|---|---|
| Closed | $77,900 | Purchase Money Mortgage | |
| Closed | $110,700 | New Conventional | |
| Closed | $92,000 | Construction |
Source: Lubbock Association of REALTORS®
MLS Number: 202602406
APN: R317128
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Information is deemed reliable but not guaranteed.
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