$149,995

Estimated payment $1,149/month

Total Views 28,448
4 Beds
2 Baths
2,430 Sq Ft
$62 Price per Sq Ft

Highlights

  • Popular Property
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

Investor Special with Huge Value-Add Potential! This unique property offers an incredible opportunity for investors looking to maximize cash flow and build equity. Featuring a 3-bedroom, 2-bathroom main home and a separate 1-bedroom, 1-bathroom backhouse, this property provides the flexibility for dual rental income, multigenerational living, or an owner-occupant looking to offset their mortgage with rental revenue. The front home was previously rented for $1,200 per month, while the recently renovated backhouse generates $625 per month in rental income. The lease expires on 5/31/2027. The backhouse has already received updates, providing added appeal and reducing near-term maintenance concerns. While the property could benefit from some TLC and cosmetic improvements, it presents a huge value-add opportunity for an investor to increase rents, improve equity, and unlock its full income-producing potential. Whether you're looking for your next fix-and-hold investment, a house-hacking opportunity, or a project with strong upside, this property offers excellent income potential and multiple paths to create value. Opportunities like this don't come around often--bring your vision and capitalize on the possibilities.

Listing Agent

Michael Norsworthy

eXp Realty LLC License #0799136 Listed on: 06/29/2026

eXp Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 10,500 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,430 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number R84326

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

10,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: All Weather
  • ResoSecurityFeatures: None
  • Above Grade Finished Sq Ft: 2430.0
  • Reso Interior Features: Ceiling Fan(s)
  • New Construction: No
  • Legal Description: PARKLAND PL BLK 21 L 18 & E/2 OF 17
  • General Property Information Accessibility Features YN2: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDgxMSIsIkxpc3RpbmdJRCI6IjIwMjYwODg4NyIsIlN0YW5kYXJkU3RhdHVzIjoiQWN0aXZlIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNi0yOVQyMzowNToyMy4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl80MjczNiIsIkxpY2Vuc2VlTmFtZSI6IkhvbWVzIFBybyJ9.T57qRFSJZjS653nOzavKgyTWtFBKcU2cPAFYMjqSglc/badge
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No

Exterior Features

  • Roof: Composition
  • Acres: 0.241
  • Construction Type: Vinyl Siding
  • Exterior Features: None
  • Foundation: Pillar/Post/Pier

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Junior High Dist: Lubbock ISD

Lot Info

  • Lot Size Sq Ft: 10500.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R84326

Tax Info

  • Tax Annual Amount: 3979.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,979 $225,863 $25,000 $200,863
2024 $3,979 $229,966 $25,000 $204,966
2023 $3,394 $214,452 $20,475 $193,977
2022 $4,048 $199,960 $20,475 $179,485
2021 $3,217 $150,199 $20,475 $129,724
2020 $3,310 $152,226 $20,475 $131,751
2019 $2,962 $131,956 $20,475 $111,481
2018 $3,080 $137,024 $20,475 $116,549
2017 $2,830 $125,741 $4,125 $121,616
2016 $2,693 $119,660 $4,125 $115,535
2015 $2,381 $113,273 $4,125 $109,148
2014 $2,381 $107,080 $4,125 $102,955
Source: Public Records

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
06/29/2026 06/29/26 For Sale $149,995 -- $62 / Sq Ft
Source: Lubbock Association of REALTORS®

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
Warranty Deed -- None Listed On Document
Deed -- --
Vendors Lien -- Service Title
Vendors Lien -- None Available
Vendors Lien $96,500 Stc
Source: Public Records

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
Open $132,000 New Conventional
Previous Owner $173,040 Future Advance Clause Open End Mortgage
Previous Owner $29,200 Purchase Money Mortgage
Previous Owner $95,564 New Conventional
Previous Owner $101,200 Unknown
Previous Owner $96,500 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

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Source: Lubbock Association of REALTORS®

MLS Number: 202608887

Lubbock Association of REALTORS®

APN: R84326

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