
706 29th Street
Lubbock, TX 79404
3
Bedrooms
1
Bathrooms
1,164
Sq Ft
1939
Year Built
About This Home
Welcome to 706 29th St — a solid investment opportunity in an established Central Lubbock neighborhood known for consistent rental demand. This property is currently leased at $750/month, with a long-term tenant who would like to remain, offering immediate and reliable income from day one. For investors looking for stability, it doesn't get much more straightforward than this. Even better, the property is priced at approximately 72% of its market value, creating a built-in equity position with room for future appreciation. Located just minutes from Texas Tech University and downtown Lubbock, this area continues to attract tenants due to its convenience, accessibility, and affordability. It's a proven rental pocket with ongoing demand. Whether you're looking to expand your portfolio with a low-maintenance rental or secure a property with strong fundamentals, this one checks the boxes: cash flow, tenant stability, and below-market pricing. Opportunities like this—occupied, performing, and priced right—don't last long.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Active
MLS #
247348894
Days on Market
New
Interior Features
Total Bedrooms
3
Cooling
Other
Heating
Other
Exterior & Lot
Parking
Driveway
Financial Information
List Price
$59,000
Price per Sq Ft
$51
Est. Monthly Payment
$295
Market Insights
$/Sqft vs Market Avg
-62%
Below MarketMarket avg: $135/sqft
Days on Market
0
Faster than avgMarket avg: 27 days
Price Position
Below Market
Market avg: $270,666
*Compared to 100 active listings in the area
Location
Loading map...
706 29th Street
$59,000
$51/sqft
Est. $295/mo*
*Based on 20% down, 30-year fixed
Request more information
Christopher Brooks
Your Local Expert
