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Brooks Brothers Real Estate
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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 Market

Market 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

Private inquiry

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CB

Christopher Brooks

Your Local Expert

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