
2503 24th Street
Lubbock, TX 79410
4
Bedrooms
3
Bathrooms
2,172
Sq Ft
1939
Year Built
About This Home
Solid 4-bedroom, 3-bath home with a carport and bonus sunroom — a versatile layout that tenants love and a proven performer in the Texas Tech rental market. This property previously rented at $2,200/month as a single unit, but the real upside is in the details. The home already has 2 separate meters and with a single doorway closure, can easily be converted into two independent units — a 3/2 and a 2/1 — dramatically increasing rental potential and giving an investor the flexibility to lease to two separate groups of tenants. Situated in the heart of Tech Terrace, students enjoy walkable access to coffee shops and a nearby grocery store, putting this property in one of Lubbock's most desirable student neighborhoods. We're early in the summer, giving an investor the perfect window to make the conversion, freshen it up, and have both units fully leased before the fall semester kicks off. The bones are there, the infrastructure is already in place — this one just needs someone to pull the trigger. Get in early, get it ready, and capture the fall rush. Priced to Sell, it won't last long!
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Pending
MLS #
242315034
Days on Market
74
Interior Features
Total Bedrooms
4
Flooring
Carpet, Concrete, Tile, Vinyl
Cooling
Central Air, Electric
Heating
Central, Electric
Exterior & Lot
Parking
Carport, Garage Faces Side, Off Street
Financial Information
List Price
$205,000
Price per Sq Ft
$94
Est. Monthly Payment
$1,025
Market Insights
$/Sqft vs Market Avg
-28%
Below MarketMarket avg: $131/sqft
Days on Market
74
Market avg: 27 days
Price Position
Below Market
Market avg: $328,666
*Compared to 100 active listings in the area
Location
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2503 24th Street
$205,000
$94/sqft
Est. $1,025/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert
