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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
8
Photos
3
beds
2
baths
1,738
sqft
Built in
1939
Calling all investors and contractors! This 3 bedroom, 1 bathroom property with a 1 bed efficiency is just 7 minutes from Texas Tech, and it just needs someone who can make it shine. This property performs well beyond the 1% rule! Key Features: Spacious kitchen great natural lighting beautiful rock accent interior Newly renovated bathroom Roof in great condition Big backyard Fixer-upper in need of some tender loving care (TLC) Sold as-is, offering a blank canvas for your creative vision Perfect project for contractors or DIY enthusiasts Investor special with immense profit potential ($45,000-$65,000 gross margins) Ideal for landlords looking to expand their portfolio This home has great potential as a rental property for $1800 - $2000 per month market rent. Currently vacant and ready for improvement! With its location near Texas Tech and ample room for improvement, this property is a great opportunity to maximize returns.
Features & Amenities
Interior
- General:
- Needs Repairs
- A/C:
- Central Electric
- Heating:
- Central Gas
- Fireplace:
- Fireplaces: 0
- Disability Feature:
- None
Exterior
- General:
- Fenced
- Style:
- 1 Story
- Parking:
- Off Street
Construction
- Roofing:
- Composition
- General:
- 0
Location
- HOA Amenities:
- 0.0
- School District:
- Lubbock ISD
- County:
- Lubbock
Lot
- Zoning:
- ANDREWS BLK 1 L 27B LESS STRIP, R101938
This listing courtesy of:
Lubbock Discount Realty, Stephen Bearden
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lubbock, TX
Housing
- Number of Units
- 122,655
- Median Home Value
- $170,279
- Median Rent
- $824
46.35% of housing units are renter occupied.
9.33% are vacant.
Commute
- Car
-
81.93%
- Public Transportation
-
0.75%
- Walk to Work
-
1.39%
- Work from Home
-
14.92%
- Other
-
0.60%
The median travel time to work is 15 minutes.
People
- Population
- 286,539
- Median Age
- 33.40
- Median Household Size
- 2.68
Education
- High School
-
23.92%
- Associate’s Degree
-
6.05%
- Bachelor’s Degree
-
20.91%
- Graduate Degree
-
12.95%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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