706 29th St Lubbock, TX 79404
Slaton-Bean NeighborhoodEstimated payment $425/month
About This Home
Welcome to 706 29th St — a solid investment opportunity in an established Central Lubbock neighborhood known for consistent rental demand. This property is currently leased at $750/month, with a long-term tenant who would like to remain, offering immediate and reliable income from day one. For investors looking for stability, it doesn't get much more straightforward than this. Even better, the property is priced at approximately 72% of its market value, creating a built-in equity position with room for future appreciation. Located just minutes from Texas Tech University and downtown Lubbock, this area continues to attract tenants due to its convenience, accessibility, and affordability. It's a proven rental pocket with ongoing demand. Whether you're looking to expand your portfolio with a low-maintenance rental or secure a property with strong fundamentals, this one checks the boxes: cash flow, tenant stability, and below-market pricing. Opportunities like this—occupied, performing, and priced right—don't last long.
Home Details
Home Type
- Single Family
Year Built
- Built in 1939 | Remodeled
Lot Details
- 6,250 Sq Ft Lot
Parking
- Driveway
Home Design
- 1,164 Sq Ft Home
- Pillar, Post or Pier Foundation
- Composition Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number R87714
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,278 | $74,479 | $21,000 | $53,479 |
| 2024 | $13 | $100,124 | $21,000 | $79,124 |
| 2023 | $1,091 | $80,124 | $1,000 | $79,124 |
| 2022 | $1,580 | $78,056 | $1,000 | $77,056 |
| 2021 | $537 | $25,065 | $1,000 | $24,065 |
| 2020 | $652 | $29,994 | $1,000 | $28,994 |
| 2019 | $582 | $25,917 | $1,000 | $24,917 |
| 2018 | $583 | $25,917 | $1,000 | $24,917 |
| 2017 | $583 | $25,917 | $1,000 | $24,917 |
| 2016 | $583 | $25,917 | $1,000 | $24,917 |
| 2015 | $576 | $25,894 | $1,000 | $24,894 |
| 2014 | $576 | $25,894 | $1,000 | $24,894 |
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 |
|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $59,000 | -- | $51 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Service Title Company | |
| Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $23,400 | Purchase Money Mortgage |
Source: Lubbock Association of REALTORS®
MLS Number: 202605962
APN: R87714
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