
3421 E Bates Street
Lubbock, TX 79403
3
Bedrooms
2
Bathrooms
1,156
Sq Ft
2021
Year Built
About This Home
Income-producing 3-bedroom, 2-bath home featuring an open-concept floor plan and a 1-car garage. Conveniently located with quick access to Marsha Sharp Freeway, providing efficient connectivity throughout the city, including major employers, shopping, and dining. The functional layout offers spacious living and dining areas, creating a desirable floor plan for long-term tenancy. Tenant currently in place with lease secured through December 2026, offering immediate cash flow and stability for investors. This property presents a solid opportunity to add a well-located, income-generating asset to your investment portfolio with future flexibility for owner occupancy or continued rental use.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Active
MLS #
237397558
Days on Market
211
Interior Features
Total Bedrooms
3
Half Bathrooms
1
Cooling
Central Air
Heating
Central
Exterior & Lot
Parking
Attached, Garage
Financial Information
List Price
$99,000
Price per Sq Ft
$86
Est. Monthly Payment
$495
Market Insights
$/Sqft vs Market Avg
-38%
Below MarketMarket avg: $139/sqft
Days on Market
211
Market avg: 35 days
Price Position
Below Market
Market avg: $357,535
*Compared to 101 active listings in the area
Location
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3421 E Bates Street
$99,000
$86/sqft
Est. $495/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
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