2403 E 5th St Lubbock, TX 79403
Parkway-Cherry Point NeighborhoodEstimated payment $436/month
Highlights
- No HOA
- Wood Siding
- 1-Story Property
- Central Heating and Cooling System
About This Home
***Investor's Delight***PRICED BETTER THAN THE 1% RULE!!*** You asked for a 1% investment property and we have a better deal than that for you! This property is currently being leased for $775 per month and has a tenant in place. This can be purchased as a three property package deal. The other two addresses are 2718 E. 10th Street and 504 81st Street in Lubbock, Texas. * Package of three properties can be purchased at a discounted rate of $205,500*
Home Details
Home Type
- Single Family
Year Built
- Built in 1959
Lot Details
- 6,102 Sq Ft Lot
Home Design
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 924 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 1 Carport Space
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R26698
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 |
|---|---|---|---|---|
| 2025 | $845 | $46,508 | $300 | $46,208 |
| 2024 | $845 | $46,508 | $300 | $46,208 |
| 2023 | $930 | $50,016 | $300 | $49,716 |
| 2022 | $627 | $30,969 | $300 | $30,669 |
| 2021 | $734 | $34,275 | $300 | $33,975 |
| 2020 | $582 | $26,765 | $300 | $26,465 |
| 2019 | $601 | $26,765 | $300 | $26,465 |
| 2018 | $843 | $37,496 | $300 | $37,196 |
| 2017 | $523 | $23,251 | $300 | $22,951 |
| 2016 | $523 | $23,251 | $300 | $22,951 |
| 2015 | $531 | $23,902 | $300 | $23,602 |
| 2014 | $531 | $23,902 | $300 | $23,602 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Price Changed | $70,000 | -6.7% | $76 / Sq Ft |
| 07/25/2025 07/25/25 | For Sale | $75,000 | -- | $81 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Hub City Title | |
| Vendors Lien | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | West Texas Title Company | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $27,500 | Commercial | |
| Previous Owner | $27,000 | Purchase Money Mortgage |
Source: Lubbock Association of REALTORS®
MLS Number: 202558135
APN: R26698
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