Available
$101,000(ARV: $171,849)59% of ARV

Lubbock County, Lubbock, TX 79411

3 bd3 ba2,092 sfBuilt 1961

18 days ago

Gross spread$70,849

Description

Excellent Investment Opportunity – 23rd Street, Lubbock, TX 79411 This vacant 3-bedroom, 3-bathroom home offers investors an excellent opportunity to create value through renovation. Featuring 2,092 square feet of living space, a 2-car garage, and a desirable floor plan, this property is well-suited for a fix-and-flip, BRRRR strategy, or long-term rental investment. With a moderate rehab and foundation repairs needed, there is significant upside for experienced investors. Showing on Thursday 07/30 - Contact Joshua for timing [contact details hidden] PROPERTY HIGHLIGHTS 3 Bedrooms | 3 Bathrooms | 2,092 SF | Built in 1961 Vacant and ready for renovation Moderate rehab opportunity Spacious 2,092 SF floor plan 2-car garage Foundation repairs needed Strong value-add potential Estimated ARV of approximately $171,849 VALUE-ADD OPPORTUNITY This property presents a solid opportunity to build equity through strategic renovations. Completing the necessary foundation repairs along with interior and exterior updates can significantly increase the property's value. Its size, layout, and multiple exit strategies make it an attractive investment for both experienced and first-time investors. LOCATION ADVANTAGE Conveniently located in Central Lubbock, this property offers easy access to downtown, Texas Tech University, the Medical District, shopping, dining, schools, and major roadways. The location provides strong demand for both resale and rental opportunities. INVESTOR HIGHLIGHTS Excellent fix-and-flip opportunity Strong BRRRR potential Ideal long-term rental candidate Vacant for immediate renovation Large 2,092 SF layout Multiple profitable exit strategies Marketing Price: $101,000 Buy It Now Price: $120,000 Estimated ARV: $171,849 Contact us today for additional information, photos, showing instructions, and access details.

$/sqft vs market

This deal$48/sqft
Market median$122/sqft
Difference60% below

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

Bedrooms3
Bathrooms3
Square feet2,092
Lot size7,013 sf
Year built1961
ConditionMajor Repair
OccupancyVacant
ParkingDetached Garage

Systems & condition

Roof age20+ yrs
HeatingFurnace · 0-5 yrs
Air conditioningCentral AC
FoundationCrawlspace
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file1
Views on the source listing76
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