About This Home
This 4-bedroom, 1-bathroom single family at 2005 61st Street in Lubbock, TX is listed for $80,000 ($67 per sqft). Built in 1950, the home offers 1,198 sqft of living space on a 0.18 acres lot.
Key Features
- Built in 1950
- 0.18 acre lot
Property Details
Amenities
Welcome to 2005 61st St - a great opportunity whether you're looking for your next home or a strong addition to your investment portfolio. This property has been recently updated by the seller and is currently finishing up a make-ready, putting it in a position to be rent-ready or move-in ready very soon.
With a projected market rent of approximately $1,100/month, it offers solid income potential in an area with consistent demand. What truly makes this property stand out is the pricing-offered at approximately 31% below its market value, giving buyers the chance to step into immediate equity and long-term upside.
For investors, this is a clean, low-hassle opportunity to place a tenant quickly and start generating returns. For owner-occupants, it's a chance to own a home with updates already completed-without paying full market price. Whether you're looking for cash flow, equity, or a place to call home, this property offers a strong combination of value, flexibility, and opportunity.
Monthly Cost Estimate
$428/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2005 61st Street
Lubbock, TX 79412
Property Details
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 1-bathroom single family at 2005 61st Street is listed at $80,000 ($67/sqft). The estimated monthly payment is $428 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.18 acre lot.
This property is listed by Felicia Estrada and can be reached at 2102741825.
