2927 E Baylor St Lubbock, TX 79403
Parkway-Cherry Point NeighborhoodHighlights
- Park
- 2 Attached Carport Spaces
- 1-Story Property
- Tile Flooring
- Central Heating and Cooling System
About This Home
Investor Opportunity - Turnkey Rental with Strong Returns! Don't miss this cash-flowing investment property featuring 4 bedrooms, 2 bathrooms, and two spacious living rooms! The home offers an extended driveway with covered carport, providing ample parking and convenience. Enjoy a large backyard complete with a storage shed, perfect for tenants needing extra space. With a reliable Section 8 tenant in place since 2022 paying $1,300/month, and a new lease secured through 2027, this property provides long-term, stable income from day one. This property meets the 1% rule, making it a strong addition to any investment portfolio. Add this income-producing property to your portfolio today!
Home Details
Home Type
- Single Family
Year Built
- Built in 1961
Lot Details
- 7,812 Sq Ft Lot
- Back Yard Fenced
Parking
- 2 Attached Carport Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Built-Up Roof
Interior Spaces
- 1,396 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Tile Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- Park
Listing and Financial Details
- Assessor Parcel Number R126982
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 | $2,027 | $111,644 | $1,000 | $110,644 |
| 2024 | $20 | $111,644 | $1,000 | $110,644 |
| 2023 | $2,049 | $110,216 | $1,000 | $109,216 |
| 2022 | $2,231 | $110,216 | $1,000 | $109,216 |
| 2021 | $1,411 | $65,894 | $1,000 | $64,894 |
| 2020 | $1,010 | $46,426 | $1,000 | $45,426 |
| 2019 | $1,042 | $46,426 | $1,000 | $45,426 |
| 2018 | $1,044 | $46,426 | $1,000 | $45,426 |
| 2017 | $957 | $42,532 | $1,000 | $41,532 |
| 2016 | $957 | $42,532 | $1,000 | $41,532 |
| 2015 | $358 | $42,900 | $1,000 | $41,900 |
| 2014 | $358 | $42,900 | $1,000 | $41,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $119,500 | -- | $86 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Lubbock Association of REALTORS®
MLS Number: 202603793
APN: R126982
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Ask me questions while you tour the home.