
2702 31st Street
Lubbock, TX 79410
5
Bedrooms
3
Bathrooms
2,551
Sq Ft
1948
Year Built
About This Home
Spacious 5-bedroom, 3-bath home with a balcony and 2-car carport — purpose-built for the Texas Tech rental market. This property previously rented at $2,800/month and has the layout and square footage to command $3,000+ once updated. Located in the heart of Tech Terrace, one of Lubbock's most sought-after student neighborhoods. Students can walk to coffee shops and a grocery store, and the property sits directly in front of a Texas Tech bus stop — making it effortless to get to campus without a car. Location like this is a major selling point when it comes time to lease. We're early in the summer, giving the right investor plenty of runway to renovate and have it tenant-ready before the fall semester. The bones are solid, the floor plan works, and the upside is clear — this one just needs a little attention to reach its full potential. Don't miss the window to get ahead of the back-to-school rush.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Pending
MLS #
242313469
Days on Market
79
Interior Features
Total Bedrooms
5
Flooring
Luxury Vinyl, Vinyl, Wood
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Natural Gas
Exterior & Lot
Parking
Attached Carport, Carport, Covered, Off Street
Financial Information
List Price
$220,000
Price per Sq Ft
$86
Est. Monthly Payment
$1,100
Market Insights
$/Sqft vs Market Avg
-50%
Below MarketMarket avg: $173/sqft
Days on Market
79
Market avg: 36 days
Price Position
Below Market
Market avg: $472,757
*Compared to 101 active listings in the area
Location
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2702 31st Street
$220,000
$86/sqft
Est. $1,100/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert
