Available
$85,000(ARV: $150,000)57% of ARV

Lubbock County, Lubbock, TX 79404

3 bd2 ba836 sfBuilt 1954

4 days ago

Gross spread$65,000

Description

Income-Producing Property in Lubbock, TX | Up to $1,800/Month Rent Potential | Only $85K! Add a cash-flowing rental to your portfolio with this tenant-occupied duplex at Featuring 2 beds, 2 baths and generating up to $1,800/month in rental income, this property offers strong investment potential. Based on estimated DSCR financing, projected cash flow is approximately $758/month with an estimated 41.34% cash-on-cash return. This is an attractive opportunity for investors seeking immediate rental income. PURCHASE PRICE:$85,000 + TC + CC PROPERTY DETAILS: Address: Lubbock, Texas 79404 Property Type: DUPLEX Beds: 2 Baths: 2 Living Sqft: 836 Year Built: 1954 Rent: $900 Each or $1,800 Both Occupancy: Tenant Occupied EMD: $1,500 COE: 8/31/26 CONTACT ERASHELLY @ [contact details hidden] OR EMAIL [contact details hidden]

$/sqft vs market

This deal$102/sqft
Market median$119/sqft
Difference15% below

Median of 25 comparable listings matched on city. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet836
Lot size7,013 sf
Year built1954
ConditionTurn Key
OccupancyTenant Occupied
ParkingDriveway

Systems & condition

Roof age4-10 yrs
HeatingOther · 6-10 yrs
Air conditioningCentral AC
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing18
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