Lubbock County, Lubbock, TX 79423
3 bd2 ba1,577 sfBuilt 1978
Gross spread$85,821
Description
Excellent Investment Opportunity – Gary Avenue, Lubbock, TX 79423 Located in a desirable South Lubbock neighborhood, this 3-bedroom, 2-bathroom single-family home presents an excellent opportunity for investors looking to add value. With 1,577 square feet of living space on a 6,400-square-foot lot, this property offers strong upside for a fix-and-flip, BRRRR strategy, or long-term rental investment. Open house on Friday 07-31 Contact Joshua for more info [contact details hidden] PROPERTY HIGHLIGHTS 3 Bedrooms | 2 Bathrooms | 1,577 SF | Built in 1978 Owner occupied Moderate rehab opportunity Functional floor plan with strong renovation potential Established South Lubbock neighborhood 6,400 SF lot Foundation repairs needed Strong after-repair value of approximately $215,821 VALUE-ADD OPPORTUNITY This property is well-suited for investors looking to capitalize on forced appreciation through renovations. Addressing the foundation concerns and completing cosmetic updates can unlock significant value while creating multiple profitable exit strategies. With solid comparable sales in the area, this is an opportunity to build equity and maximize returns. LOCATION ADVANTAGE Situated in one of South Lubbock's established residential neighborhoods, the property offers convenient access to schools, shopping, restaurants, parks, and major roadways. The location continues to experience consistent demand from both homeowners and tenants, making it an attractive investment for resale or long-term rental. INVESTOR HIGHLIGHTS Excellent fix-and-flip opportunity Strong BRRRR potential Ideal long-term rental property Located in a desirable South Lubbock market Significant value-add opportunity Multiple profitable exit strategies Marketing Price: $130,000 Buy It Now Price: $140,000 Estimated ARV: $215,821 Contact us today for additional information, showing instructions, and access details. [contact details hidden]
$/sqft vs market
Median of 21 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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