4213 40th St Lubbock, TX 79413
Maedgen Area (MANA) NeighborhoodEstimated payment $1,166/month
Highlights
- Wood Flooring
- Granite Countertops
- 1 Car Attached Garage
- Hutchinson Middle School Rated A-
- Private Yard
- Breakfast Bar
About This Home
Turnkey Investment | Renovated 3/2 with Consistent $1,800/Month Income Don't miss this fully renovated, income-producing home with a tenant already locked in through June 2027 — giving you immediate, stable cash flow with zero guesswork. The home itself is a standout. A spacious 3 bedroom, 2 bathroom layout with an open, inviting living room and a fantastic kitchen that tenants love. The generous master suite features a large bedroom and an oversized master bath — the kind of space that commands top-of-market rents and keeps quality tenants renewing. Outside, you'll find a one-car garage and a prime location near a park, adding everyday livability that makes this property easy to keep occupied. The Numbers: Rented consistently at $1,800/month Lease secured through June 30, 2027 Renovated in 2021 — minimal near-term maintenance expected Whether you're growing your portfolio or looking for a reliable single-family rental, this one checks every box.
Home Details
Home Type
- Single Family
Year Built
- Built in 1952
Lot Details
- 7,364 Sq Ft Lot
- Private Yard
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Slab Foundation
- Composition Roof
- Asbestos
Interior Spaces
- 1,587 Sq Ft Home
- Ceiling Fan
- Living Room with Fireplace
- Washer and Dryer
Kitchen
- Breakfast Bar
- Range
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- No Utilities
Community Details
- Park
Listing and Financial Details
- Assessor Parcel Number R117652
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 | $3,004 | $176,829 | $33,000 | $143,829 |
| 2024 | $30 | $165,429 | $33,000 | $132,429 |
| 2023 | $2,937 | $158,024 | $11,563 | $146,461 |
| 2022 | $3,092 | $152,762 | $11,563 | $141,199 |
| 2021 | $2,550 | $119,085 | $11,563 | $107,522 |
| 2020 | $2,557 | $117,572 | $11,563 | $106,009 |
| 2019 | $2,400 | $106,884 | $11,563 | $95,321 |
| 2018 | $2,437 | $108,409 | $11,563 | $96,846 |
| 2017 | $2,251 | $100,021 | $11,563 | $88,458 |
| 2016 | $2,131 | $94,684 | $11,563 | $83,121 |
| 2015 | $1,804 | $89,385 | $11,563 | $77,822 |
| 2014 | $1,804 | $89,459 | $5,000 | $84,459 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | Price Changed | $170,000 | -2.9% | $107 / Sq Ft |
| 03/11/2026 03/11/26 | For Sale | $175,000 | -- | $110 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | -- | Service Title | |
| Warranty Deed | -- | Service Title | |
| Warranty Deed | -- | Service Title | |
| Vendors Lien | -- | Service Title | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $118,500 | New Conventional | |
| Previous Owner | $85,975 | New Conventional |
Source: Lubbock Association of REALTORS®
MLS Number: 202603220
APN: R117652
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