114 N Avenue V
Lubbock, TX 79415
2
Bedrooms
1
Bathrooms
672
Sq Ft
1941
Year Built
About This Home
Situated at 114 N Avenue V, this 2-bedroom, 1-bathroom single-family home presents an excellent value-add opportunity in an established Lubbock neighborhood. Conveniently located just minutes from Texas Tech University, Downtown Lubbock, and the Medical District, the property offers a low-maintenance, single-story layout and manageable footprint, making it an ideal candidate for renovation or long-term rental. The property is currently vacant, providing the flexibility to begin updates and secure a new tenant right away. Previously leased for $975 per month, it offers proven rental income potential and a solid foundation for investors seeking both immediate opportunity and long-term value. Available individually or as part of a package deal, it's a great opportunity to expand your investment portfolio.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Active
MLS #
245090830
Days on Market
23
Interior Features
Total Bedrooms
2
Flooring
Carpet, Plank, Vinyl
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Heating
Wall Furnace
Exterior & Lot
Parking
Driveway
Financial Information
List Price
$55,000
Price per Sq Ft
$82
Est. Monthly Payment
$275
Market Insights
$/Sqft vs Market Avg
-39%
Below MarketMarket avg: $134/sqft
Days on Market
23
Faster than avgMarket avg: 31 days
Price Position
Below Market
Market avg: $286,356
*Compared to 101 active listings in the area
Location
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114 N Avenue V
$55,000
$82/sqft
Est. $275/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert