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Brooks Brothers Real Estate
2005 61st Street - Image 1
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2005 61st Street

Lubbock, TX 79412

4

Bedrooms

1

Bathrooms

1,198

Sq Ft

1950

Year Built

About This Home

Welcome to 2005 61st St — a great opportunity whether you're looking for your next home or a strong addition to your investment portfolio. This property has been recently updated by the seller and is currently finishing up a make-ready, putting it in a position to be rent-ready or move-in ready very soon. With a projected market rent of approximately $1,100/month, it offers solid income potential in an area with consistent demand. What truly makes this property stand out is the pricing—offered at approximately 31% below its market value, giving buyers the chance to step into immediate equity and long-term upside. For investors, this is a clean, low-hassle opportunity to place a tenant quickly and start generating returns. For owner-occupants, it's a chance to own a home with updates already completed—without paying full market price. Whether you're looking for cash flow, equity, or a place to call home, this property offers a strong combination of value, flexibility, and opportunity.

Property Details

Property Type

RES

Property Style

SingleFamilyResidence

Status

Active

MLS #

247348901

Days on Market

New

Interior Features

Total Bedrooms

4

Flooring

Other

Cooling

Ceiling Fan(s), Central Air

Heating

Central

Exterior & Lot

Parking

Driveway

Financial Information

List Price

$80,000

Price per Sq Ft

$67

Est. Monthly Payment

$400

Market Insights

$/Sqft vs Market Avg

-51%

Below Market

Market avg: $135/sqft

Days on Market

0

Faster than avg

Market avg: 27 days

Price Position

Below Market

Market avg: $270,666

*Compared to 100 active listings in the area

Location

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2005 61st Street

$80,000

$67/sqft

Est. $400/mo*

*Based on 20% down, 30-year fixed

Private inquiry

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CB

Christopher Brooks

Your Local Expert

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