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Brooks Brothers Real Estate
2627 E Cornell Street - Image 1
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2627 E Cornell Street

Lubbock, TX 79403

3

Bedrooms

1

Bathrooms

912

Sq Ft

1964

Year Built

About This Home

Welcome to 2627 E Cornell — a great opportunity for investors looking for a performing property with built-in upside. This home is currently occupied by a long-term tenant, providing immediate stability and consistent occupancy. The property is currently under-rented, offering a clear opportunity to increase returns with a light cosmetic refresh. The home is in overall stable condition with no major repairs needed, making it an ideal candidate for improvements that can quickly bring rents up to market levels—without the need for a full renovation. Located in the Parkway/Cherry Point area of East Lubbock, this property sits in a rental market known for affordability and steady demand, making it a reliable option for long-term holds. Priced at approximately 85% of market value, this is a strong opportunity to step into a property that already performs, with the ability to maximize cash flow over time. Whether you're expanding your portfolio or looking for a manageable value-add investment, this one offers a solid combination of stability, flexibility, and future upside.

Property Details

Property Type

RES

Property Style

SingleFamilyResidence

Status

Active

MLS #

247348908

Days on Market

New

Interior Features

Total Bedrooms

3

Cooling

Central Air

Heating

Central

Exterior & Lot

Parking

Driveway

Financial Information

List Price

$60,000

Price per Sq Ft

$66

Est. Monthly Payment

$300

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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2627 E Cornell Street

$60,000

$66/sqft

Est. $300/mo*

*Based on 20% down, 30-year fixed

Private inquiry

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CB

Christopher Brooks

Your Local Expert

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