About This Home
This 3-bedroom, 1-bathroom single family at 2411 Cedar Avenue in Lubbock, TX is listed for $84,000 ($85 per sqft). Built in 1950, the home offers 986 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1950
- 0.16 acre lot
Property Details
Amenities
Turnkey, income producing investment property! This well maintained 3 bedroom, 1 bath home offers approximately 1,000 sqft of living space on a large lot with a spacious backyard. Withe major updates already completed, this is an ideal low-maintenance rental for both new and experienced investors .
Recent improvements include: New 200-amp electrical service with updated breaker box and meter base. New PEX water lines and PVC sewer line throughout the interior and exterior of the home Original hardwood floors professionally stained with tile throughout.
No carpet for easy maintenance and lower turnover cost. Bronze aluminum windows Fresh interior paint New water heater (2024) Central heat and air (2021) Roof replaced (2022) New light fixtures and ceiling fans throughout Attractive brick mailbox for added curb appeal The sale includes a stainless steel stove and refrigerator The property is current
ly tenant occupied and leased through March 2027 at $1,150 per month providing immediate rental income from day one. This is a true turnkey investment that easily meets the 1% rule while offering a reliable, low maintenance addition to any rental portfolio. Purchase today and start collecting rent on the first!
Monthly Cost Estimate
$449/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2411 Cedar Avenue
Lubbock, TX 79404
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 2411 Cedar Avenue is listed at $84,000 ($85/sqft). The estimated monthly payment is $450 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.16 acre lot. Interior Features: Ceiling Fan(s). Exterior Features: Private Yard.
This property is listed by Jade Williams and can be reached at 8065359291.
