$85,000

Estimated payment $584/month

Total Views 1,640
2 Beds
1 Bath
874 Sq Ft
$97 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • Private Yard
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

1% investment rule property! This is a great investment opportunity with current tenants in place. This 2 bedroom, 1 bathroom home offers a practical layout and easy-to-maintain spaces, making it a reliable addition to any rental portfolio. The water heater was replaced in 2022 and a New HVAC unit recently installed providing added peace of mind for future ownership. Located in a convenient central Lubbock area, this property offers stable rental income and long-term potential. **This property is currently leased until July 1st, 2026 at $850 a month.

Listing Agent

Cole Whisenhunt

Keller Williams Realty License #0641534 Listed on: 12/02/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,950 Sq Ft Lot
  • Private Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 874 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Cooktop
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Laundry in Kitchen

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R122779

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage, In Kitchen
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: None
  • Above Grade Finished Sq Ft: 874.0
  • Style: Traditional
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s), Formica Counters
  • New Construction: No
  • Legal Description: Vandelia Village Blk 2 L 7
  • Room Type: Bedroom 1
  • Location Tax and Legal Elementary School: Bayless
  • Location Tax and Legal Middle Or Junior School2: Atkins
  • Location Tax and Legal High School: Monterey
  • Location Tax and Legal Parcel Number2: R122779
  • General Property Information Above Grade Finished Area: 874.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7950.0
  • Location Tax and Legal:Tax Annual Amount: 1682.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Tile: Yes
  • Roof:Composition: Yes
  • Room Types Dining Room2: Yes
  • Room Types Living Room2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven
  • Fireplace: No
  • Stories: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Cooktop: Yes
  • Interior Features Formica Counters4: Yes
  • Appliances:Oven: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.18
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Private Yard
  • Foundation: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Private Yard: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Laundry Features:In Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Monterey
  • Middle Or Junior School: Atkins

Lot Info

  • Lot Size Sq Ft: 7950.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R122779

Tax Info

  • Tax Annual Amount: 1682.0

MLS Schools

  • Elementary School: Bayless

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,682 $88,069 $18,500 $69,569
2024 $1,682 $92,650 $32,000 $60,650
2023 $1,482 $79,704 $3,000 $76,704
2022 $1,279 $63,204 $3,000 $60,204
2021 $1,210 $56,515 $3,000 $53,515
2020 $1,141 $52,460 $3,000 $49,460
2015 $431 $41,483 $3,000 $38,483
2014 $431 $43,423 $3,000 $40,423
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $85,000 -- $97 / Sq Ft
Source: Lubbock Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien $40,500 Stewart Title Of Lubbock Inc
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Deed In Lieu Of Foreclosure -- None Available
Vendors Lien -- Service Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $46,750 Commercial
Previous Owner $40,500 New Conventional
Previous Owner $53,721 Purchase Money Mortgage
Source: Public Records

Source: Lubbock Association of REALTORS®

MLS Number: 202563655

Lubbock Association of REALTORS®

APN: R122779