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Brooks Brothers Real Estate
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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 Market

Market 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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CB

Christopher Brooks

Your Local Expert

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