5006 42nd Street
Lubbock, TX 79414
2
Bedrooms
1
Bathrooms
1,056
Sq Ft
1955
Year Built
About This Home
Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. *It is currently rented for $1,250 a month until March 26th, 2027.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Pending
MLS #
242004353
Days on Market
102
Interior Features
Total Bedrooms
2
Flooring
Hardwood, Tile
Cooling
Central Air, Electric
Heating
Central, Natural Gas
Exterior & Lot
Parking
Attached, Garage
Financial Information
List Price
$129,000
Price per Sq Ft
$122
Est. Monthly Payment
$645
Market Insights
$/Sqft vs Market Avg
-10%
Below MarketMarket avg: $136/sqft
Days on Market
102
Market avg: 41 days
Price Position
Below Market
Market avg: $298,068
*Compared to 101 active listings in the area
Location
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5006 42nd Street
$129,000
$122/sqft
Est. $645/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert