
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 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
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2627 E Cornell Street
$60,000
$66/sqft
Est. $300/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert
