2218 47th St Lubbock, TX 79412
Clapp Park NeighborhoodEstimated payment $707/month
Highlights
- Covered Patio or Porch
- Central Heating and Cooling System
- Bookcases
- Shed
- Ceiling Fan
- 5-minute walk to Klapp Park
About This Home
Investor-friendly and already leased through April 2026, this updated 3-bedroom, 1-bath home is a solid opportunity just 2 miles from the Texas Tech campus. With its unbeatable location—steps from a neighborhood park—this property is perfect for students, young professionals, or families looking for proximity to campus and green space.
Inside, the home has been tastefully updated, offering a move-in-ready experience for tenants. Outside, a spacious yard and a large covered patio area create the perfect spot for relaxing or entertaining.
Whether you're expanding your portfolio or jumping into the Lubbock rental market, this one checks all the boxes: updated, well-located, tenant-occupied, and low-maintenance.
This property can be sold individually or as a package with up to 4 other strong investment properties.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,142
Year Built
- Built in 1953
Lot Details
- 7,950 Sq Ft Lot
Parking
- 1 Carport Space
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
- Masonite
Interior Spaces
- 1,305 Sq Ft Home
- Bookcases
- Ceiling Fan
- Laundry in Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered Patio or Porch
- Shed
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number R121500
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,142 | $117,985 | $20,000 | $97,985 |
| 2023 | $2,059 | $110,789 | $3,300 | $107,489 |
| 2022 | $1,865 | $92,120 | $3,300 | $88,820 |
| 2021 | $1,558 | $72,731 | $3,300 | $69,431 |
| 2020 | $1,470 | $67,587 | $3,300 | $64,287 |
| 2019 | $1,330 | $59,236 | $3,300 | $55,936 |
| 2018 | $1,332 | $59,236 | $3,300 | $55,936 |
| 2017 | $1,274 | $56,621 | $3,300 | $53,321 |
| 2016 | $1,219 | $54,150 | $3,300 | $50,850 |
| 2015 | $1,122 | $47,940 | $3,300 | $44,640 |
| 2014 | $1,122 | $50,480 | $3,300 | $47,180 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $99,000 | -10.0% | $76 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $110,000 | -7.9% | $84 / Sq Ft |
| 04/19/2025 04/19/25 | For Sale | $119,500 | 0.0% | $92 / Sq Ft |
| 04/08/2025 04/08/25 | Rented | $1,195 | 0.0% | -- |
| 03/19/2025 03/19/25 | Price Changed | $1,195 | -4.4% | $1 / Sq Ft |
| 03/19/2025 03/19/25 | For Rent | $1,250 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $79,050 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Vendors Lien | $89,000 | Hub City Title | |
| Vendors Lien | $73,600 | Hub City Title | |
| Warranty Deed | $55,000 | None Available | |
| Contract Of Sale | $55,000 | None Available | |
| Contract Of Sale | $55,000 | None Available | |
| Vendors Lien | $94,600 | Service Title Company | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $111,240 | New Conventional | |
| Previous Owner | $112,000 | New Conventional | |
| Previous Owner | $93,050 | Seller Take Back | |
| Previous Owner | $79,050 | New Conventional | |
| Previous Owner | $89,000 | Purchase Money Mortgage | |
| Previous Owner | $73,600 | Purchase Money Mortgage | |
| Previous Owner | $93,138 | Unknown | |
| Closed | $0 | Unknown |
Source: Lubbock Association of REALTORS®
MLS Number: 202553410
APN: R121500
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