$100,000

Estimated payment $608/month

Total Views 1,403
3 Beds
1 Bath
1,331 Sq Ft
$75 Price per Sq Ft

Highlights

  • Brick Veneer
  • Central Heating and Cooling System
  • Wood Burning Fireplace
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan

About This Home

Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.

Listing Agent

Chris Carter

The 32:18 Management Group License #0817825 Listed on: 06/18/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 7,280 Sq Ft Lot
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,331 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Luxury Vinyl Tile Flooring
  • Gas Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R80078

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

7,280 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: None
  • Above Grade Finished Sq Ft: 1331.0
  • Reso Flooring: Luxury Vinyl
  • Reso Interior Features: Ceiling Fan(s)
  • New Construction: No
  • Legal Description: Mackenzie Terr E65'of L 589
  • General Property Information Accessibility Features YN2: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDgxMSIsIkxpc3RpbmdJRCI6IjIwMjYwODM0OCIsIlN0YW5kYXJkU3RhdHVzIjoiQWN0aXZlIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNi0xOFQwMDozNjoyNi4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl80MjczNiIsIkxpY2Vuc2VlTmFtZSI6IkhvbWVzIFBybyJ9.m7OUaAyOYlHhbcWFToofeAKwx_5Z0mxiIhagOV50ovo/badge
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link
  • Acres: 0.17
  • Construction Type: Brick Veneer
  • Exterior Features: None
  • Foundation: Slab

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Heating: Central, Fireplace(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Junior High Dist: Lubbock ISD

Lot Info

  • Lot Size Sq Ft: 7280.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels: No
  • Parcel #: R80078

Tax Info

  • Tax Annual Amount: 851.0

Map

Range of Values:

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Value Increase
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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 $851 $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

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 Prior Sale
06/18/2026 06/18/26 For Sale $100,000 +1.0% $75 / Sq Ft
02/06/2026 02/06/26 Sold -- -- -- View Prior Sale
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®

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 Available
Vendors Lien -- Service Title Company
Deed -- --
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
Previous Owner $20,452 Purchase Money Mortgage
Source: Public Records

Source: Lubbock Association of REALTORS®

MLS Number: 202608348

Lubbock Association of REALTORS®

APN: R80078

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