About This Home

This 3-bedroom, 2-bathroom residential multi family at 1516 27th Street in Lubbock, TX is listed for $94,000 ($72 per sqft). Built in 1943, the home offers 1,300 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1943
  • 0.15 acre lot

Property Details

2 full
1943

Amenities

A/C
Listing Description

Great investment opportunity with income already in place! The front unit is currently rented for $700 per month, while the vacant back unit offers additional rental-income potential or flexibility for an owner-occupant. This property is an excellent option for investors looking to grow their portfolio or buyers interested in living in one unit while earning income from the other.

Monthly Cost Estimate

$503/mo

20% down · 6.5% · 30 years

Principal$68
Interest$407
Insurance$27

Estimates only. Actual payments may vary.

Location

1516 27th Street

Lubbock, TX 79411

Property Details

Construction

Wood Siding

Parking

Off Street

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 1516 27th Street is listed at $94,000 ($72/sqft). The estimated monthly payment is $502 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1943, 0.15 acre lot.

This property is listed by Madison Sutherland.

MS

Madison Sutherland

License 0853397

Agent at Sutherland, REALTORS

Listed by Sutherland, REALTORS · Broker phone: 8067980947 · View on Broker Site

MLS# 202613084· Source: Lubbock Association of Realtors· 44 days on PropertySimple

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1516 27th Street, Lubbock, TX 79411

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