Seller's Agent in 2025
Dianna Romans
Keller Williams Realty
(806) 789-0899
26 in this area
540 Total Sales
2708 24th St Lubbock, TX 79410
Tech Terrace (UNIT) NeighborhoodEstimated Value: $187,000 - $227,000
3
Beds
2
Baths
1,608
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- No HOA
- Covered Patio or Porch
- Storage
- Wilson Elementary School Rated A
- Fenced Yard
- Landscaped
About This Home
As of May 2025Location, Location, Location: Being situated in the TTU and the Medical District places these properties in a high-demand rental market. Proximity to Texas Tech University and the medical facilities ensures a consistent pool of potential tenants or can be sold separately perfect for first-time buyers looking for a place to call home with instant income from efficiency rear apartment. Main house 1128 SF with 2 BRs & 1 BA plus an Efficiency Rear Apartment with 1 BR & 1 BA & 480 SF.
Fully Leased: Immediate cash flow is a major plus. No need to worry about vacancies and lease-up periods. The properties are already generating income from day one. Well-Maintained and Updated: Classic Charm: Original hardwood flooring, adding warmth and character; updated aesthetic and manageable size. The property(s) are in good condition, potentially reducing future maintenance costs and attracting higher-quality tenants. Discounted Price: The 2.5% discount for a portfolio purchase of all 7 properties (2708 24th Street, 3815 25th Street, 4117 33rd Street, 2207 23nd Street, 1924 21st Street, 4118 30th Street and 2312 15th Street sold individually at $1,476,500.00) represents a substantial saving, effectively lowering the overall investment cost. Let's delve a little deeper into the numbers: Gross Potential Rent: The current monthly lease revenue of $12,355 translates to an annual potential rent of $148,260. Discounted Purchase Price: Taking advantage of the 2.5% discount reduces the total purchase price to $1,439.500.00 ($37K savings. Bring all offers! Potential Return: While we don't have all the expense information, these figures allow you to calculate a preliminary gross rental yield, which can help assess the potential return on investment.
Last Agent to Sell the Property
Keller Williams Realty License #0595636 Listed on: 02/26/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1941
Lot Details
- 7,500 Sq Ft Lot
- Fenced Yard
- Landscaped
Parking
- 2 Carport Spaces
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1,608 Sq Ft Home
- Bookcases
- Ceiling Fan
- Family Room
- Living Room with Fireplace
- Dining Room
- Storage
- Electric Dryer Hookup
- Utility Room
- Storm Doors
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R45446
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
May 29, 2025
Sold by
Bought by
Seller's Agent
Dianna Romans
Keller Williams Realty
Buyer's Agent
Jessica Oatman
Realty Refined
List Price
$244,500
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.15%
Purchase Details
Closed on
Aug 8, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Western Title | ||
| -- | Service Title | ||
| -- | Service Title | ||
| -- | Title One | ||
| -- | Title One |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $73,600 |
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 |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | -- | -- | -- |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | Price Changed | $239,500 | -2.0% | $149 / Sq Ft |
| 02/26/2025 02/26/25 | For Sale | $244,500 | 0.0% | $152 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | For Sale | $244,500 | -- | $152 / Sq Ft |
Source: Lubbock Association of REALTORS®
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 | $3,699 | $175,372 | $45,350 | $130,022 |
| 2024 | $37 | $203,695 | $45,350 | $158,345 |
| 2023 | $3,327 | $179,004 | $24,000 | $155,004 |
| 2022 | $3,340 | $164,974 | $24,000 | $140,974 |
| 2021 | $2,972 | $138,796 | $24,000 | $114,796 |
| 2020 | $3,245 | $149,250 | $24,000 | $125,250 |
| 2019 | $2,921 | $130,100 | $24,000 | $106,100 |
| 2018 | $3,033 | $134,950 | $24,000 | $110,950 |
| 2017 | $2,812 | $124,923 | $24,000 | $100,923 |
| 2016 | $2,761 | $122,667 | $24,000 | $98,667 |
| 2015 | $2,509 | $113,834 | $24,000 | $89,834 |
| 2014 | $2,509 | $112,822 | $10,000 | $102,822 |
Source: Public Records
Agents Affiliated with this Home
-
Dianna Romans
-
Jessica Oatman
Buyer's Agent in 2025
Jessica Oatman
RE/MAX
(806) 789-8287
15 in this area
134 Total Sales
Map
Source: Lubbock Association of REALTORS®
MLS Number: 202550346
APN: R45446
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Information is deemed reliable but not guaranteed.
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