7412 5th St Unit 1 Lubbock, TX 79416
North West Lubbock NeighborhoodEstimated payment $1,167/month
Highlights
- Very Popular Property
- Open Floorplan
- 1 Car Attached Garage
- Terra Vista Middle School Rated A-
- Private Yard
- Storage
About This Home
Welcome to this well-maintained 3-bedroom, 2-bathroom home located in the highly sought-after Frenship ISD school district. Whether you're looking to expand your investment portfolio or secure a quality property with immediate rental income, this home is an outstanding opportunity. The property has been exceptionally well cared for and is in great condition, offering a functional floor plan with comfortable living spaces, spacious bedrooms, and a practical layout that appeals to a wide range of tenants and future homeowners alike. The kitchen provides ample cabinet and counter space, while the inviting living area creates a warm and welcoming atmosphere for everyday living. Outside, you'll find a generously sized yard with plenty of room to enjoy outdoor activities or future enhancements. Conveniently located near shopping, dining, parks, schools, and major roadways, this home combines comfort, convenience, and long-term value. For investors, this property offers immediate, stable cash flow with a tenant already in place at $1,300 per month through December 31, 2026, making it a true turnkey investment. Don't miss your chance to own a move-in-ready property in one of the area's most desirable school districts with reliable rental income already secured.
Home Details
Home Type
- Single Family
Year Built
- Built in 2022
Lot Details
- 5,031 Sq Ft Lot
- Fenced
- Private Yard
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,306 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Storage
- Oven
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number R343091
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 | $17,946 | $228,131 | $51,532 | $176,599 |
| 2024 | $18,038 | $195,085 | $44,067 | $151,018 |
| 2023 | $18,857 | $189,845 | $42,883 | $146,962 |
| 2022 | $18,857 | $194,810 | $43,715 | $151,095 |
| 2021 | $17,716 | $188,292 | $42,595 | $145,697 |
| 2020 | $17,289 | $188,292 | $42,595 | $145,697 |
| 2019 | $17,570 | $195,356 | $42,223 | $153,133 |
| 2018 | $9,072 | $176,656 | $37,695 | $138,961 |
| 2017 | $15,285 | $174,527 | $37,241 | $137,286 |
| 2016 | $15,078 | $169,001 | $36,062 | $132,939 |
| 2015 | $14,144 | $153,031 | $34,348 | $118,683 |
| 2014 | $4,071 | $41,072 | $41,072 | $0 |
| 2012 | $226 | $41,158 | $41,158 | $0 |
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 |
|---|---|---|---|---|
| 07/30/2026 07/30/26 | For Sale | $178,995 | -- | $137 / Sq Ft |
About the Listing Agent
Michael's Other Listings
Source: Lubbock Association of REALTORS®
MLS Number: 202610629
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Ask me questions while you tour the home.