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About This Home
This 3-bedroom, 1-bathroom single family at 1926 38th Street in Lubbock, TX is listed for $127,500 ($107 per sqft). Built in 1950, the home offers 1,190 sqft of living space on a 0.18 acres lot.
Turnkey investment with immediate income in place. This 3 bedroom, 1 bathroom, 1 car garage home is currently tenant-occupied through September, providing built-in cash flow from day one. The property meets the highly sought-after 1% rule, a rarity in today's market, making it an attractive addition for investors looking for strong numbers over speculation. Whether you're expanding your portfolio or securing a reliable first rental, this property offers proven performance and a smooth transition of ownership.
Key Features
- Built in 1950
- 0.18 acre lot
Property Details
Amenities
Monthly Cost Estimate
$682/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1926 38th Street
Lubbock, TX 79412
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1926 38th Street is listed at $127,500 ($107/sqft). The estimated monthly payment is $553 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.18 acre lot. Interior Features: Ceiling Fan(s), Formica Counters.
This property is listed by Jason Gonzales and can be reached at 4322942169 or jgonzales@westmarkrealtors.com.
