$99,000
SOLD FEB 6, 2026
Last list price
3 Beds
1 Bath
1,331 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

73 Days on Market

Highlights

  • 1 Fireplace
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of February 2026

Incredible opportunity to acquire a turn-key, remodeled 6-property rental portfolio offering immediate cash flow and minimal future CapEx. Five homes are fully remodeled and tenant-occupied with updated interiors, solid rental history, and proven performance. One property is recently remodeled and move-in ready for lease-up or owner use. Each home features updated flooring, modern kitchens and baths, fresh paint, and improved mechanicals. Perfect for out-of-state investors, 1031 exchange buyers, or anyone looking for stable, low-maintenance rentals from day one. Portfolio can be purchased only as a package—no individual sales. Financials, rent rolls, and additional details available upon request.

Last Agent to Sell the Property

Felicia Estrada

Keller Williams Realty License #0673783 Listed on: 10/17/2025

Keller Williams Realty

Last Buyer's Agent

Felicia Estrada

Keller Williams Realty License #0673783 Listed on: 10/17/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961 | Remodeled

Parking

  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1,331 Sq Ft Home
  • 1 Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 7,280 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Gross Income $15,600
  • Net Operating Income $9,683

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number R80078

Property Details

Home Type

Multi-Family

Year Built

Built in 1961 | Remodeled

Lot Details

7,280 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Reso Property Sub Type: Package Property
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: None
  • Above Grade Finished Sq Ft: 1331.0
  • Reso Flooring: Vinyl
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Legal Description: Mackenzie Terr E65'of L 589
  • General Property Information Accessibility Features YN2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.17
  • Construction Type: Unknown
  • Foundation: Brick/Mortar

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Ninth Grade High School: Estacado
  • Middle Or Junior School: Dunbar College Preparatory Academy

Lot Info

  • Lot Size Sq Ft: 7280.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R80078

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 900.0

MLS Schools

  • Elementary School: Alderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2011
Sold by
Mittal Rk
Bought by
3 R & P Properties Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Livi Scott Tara R and Livi George Scott Jr Revocable
Bought by
Mittal R K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,452
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Housing & Urban Develmt
Bought by
3 R & P Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Vendors Lien -- Service Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,452 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2026 02/06/26 Sold -- -- --
12/29/2025 12/29/25 Pending -- -- --
12/03/2025 12/03/25 Price Changed $99,000 +15.1% $74 / Sq Ft
11/18/2025 11/18/25 Price Changed $86,000 +19.4% $65 / Sq Ft
10/17/2025 10/17/25 For Sale $72,000 -- $54 / Sq Ft
Source: Lubbock Association of REALTORS®

Tax History

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 $901 $48,122 $1,000 $47,122
2024 $9 $49,610 $1,000 $48,610
2023 $911 $48,982 $1,000 $47,982
2022 $992 $48,982 $1,000 $47,982
2021 $549 $25,654 $1,000 $24,654
2020 $518 $23,808 $1,000 $22,808
2019 $534 $23,808 $1,000 $22,808
2018 $535 $23,808 $1,000 $22,808
2017 $492 $21,853 $1,000 $20,853
2016 $496 $22,040 $1,000 $21,040
2015 $473 $21,292 $1,000 $20,292
2014 $473 $21,292 $1,000 $20,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202561961

Lubbock Association of REALTORS®

APN: R80078

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