1516 E 8th Street
Lubbock, TX 79403
3
Bedrooms
2
Bathrooms
1,172
Sq Ft
2020
Year Built
About This Home
Currently leased at $1,050 per month with a one-year lease in place, this property provides immediate rental income, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor or looking to purchase your first income-producing property, this home offers a combination of location, functionality, and long-term potential. Conveniently located in East Lubbock with easy access to Marsha Sharp Freeway, this home provides quick commutes to Texas Tech, downtown, and shopping, dining, and entertainment throughout the city.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Pending
MLS #
244809658
Days on Market
60
Interior Features
Total Bedrooms
3
Cooling
Central Air
Heating
Central
Exterior & Lot
Parking
Garage
Financial Information
List Price
$114,900
Price per Sq Ft
$98
Est. Monthly Payment
$575
Market Insights
$/Sqft vs Market Avg
-21%
Below MarketMarket avg: $124/sqft
Days on Market
60
Market avg: 41 days
Price Position
Below Market
Market avg: $237,210
*Compared to 100 active listings in the area
Location
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1516 E 8th Street
$114,900
$98/sqft
Est. $575/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert