
118 81st Street # 2
Lubbock, TX 79404
3
Bedrooms
2
Bathrooms
1,172
Sq Ft
2022
Year Built
About This Home
Looking for an affordable investment property with a proven rental history? This cozy home offers investors an opportunity to add an established income-producing property to their portfolio without the higher price point often associated with larger homes. Though modest in size, this property has consistently maintained an active lease, demonstrating steady rental demand and the potential for continued income. Its manageable footprint can also offer the appeal of keeping maintenance and operating costs more streamlined. For an investor looking to expand their portfolio, add another rental, or get into an accessible price point, this property is worth a closer look. The existing rental history provides a solid foundation for an investor looking for an income-producing asset. Whether you're a seasoned investor or looking to add your first rental property, this could be an excellent opportunity to build on your portfolio. Affordable. Income-Producing. Investment Ready. Contact us today for more information and to learn more about this unique investment opportunity!
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Active
MLS #
246348103
Days on Market
4
Interior Features
Total Bedrooms
3
Half Bathrooms
1
Cooling
Central Air
Heating
Central
Exterior & Lot
Parking
Garage
Financial Information
List Price
$115,000
Price per Sq Ft
$98
Est. Monthly Payment
$575
Market Insights
$/Sqft vs Market Avg
-25%
Below MarketMarket avg: $130/sqft
Days on Market
4
Faster than avgMarket avg: 29 days
Price Position
Below Market
Market avg: $291,714
*Compared to 100 active listings in the area
Location
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118 81st Street # 2
$115,000
$98/sqft
Est. $575/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert
