
1937 E Colgate Street
Lubbock, TX 79403
3
Bedrooms
1
Bathrooms
1,331
Sq Ft
1961
Year Built
About This Home
Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Active
MLS #
243870567
Days on Market
121
Interior Features
Total Bedrooms
3
Flooring
Luxury Vinyl
Cooling
Central Air
Heating
Central, Fireplace(s)
Exterior & Lot
Parking
Driveway
Financial Information
List Price
$100,000
Price per Sq Ft
$75
Est. Monthly Payment
$500
Market Insights
$/Sqft vs Market Avg
-40%
Below MarketMarket avg: $126/sqft
Days on Market
121
Market avg: 37 days
Price Position
Below Market
Market avg: $311,832
*Compared to 101 active listings in the area
Location
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1937 E Colgate Street
$100,000
$75/sqft
Est. $500/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert
