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Brooks Brothers Real Estate
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Just ListedHot Listing

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 Market

Market avg: $130/sqft

Days on Market

4

Faster than avg

Market 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

Private inquiry

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CB

Christopher Brooks

Your Local Expert

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