About This Home

This 3-bedroom, 1-bathroom single family at 402 39th Street in Lubbock, TX is listed for $75,000 ($78 per sqft). Built in 1950, the home offers 960 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1950
  • 0.15 acre lot

Property Details

1 full
1950

Amenities

A/C
Listing Description

Looking for immediate cash flow? This tenant-occupied property at 402 39th St in Lubbock is priced at $75,000 and already has a long-term tenant in place. The property currently brings in $1,000 per month in rental income, making it a strong option for investors looking to add a cash-flowing asset to their portfolio from day one.

The home is offered as all bills paid for the tenant, which adds convenience for the renter and helps support continued occupancy. With an established tenant, existing rental income, and an affordable purchase price, this property offers a practical investment opportunity with immediate income potential.

Highlights: Sales Price: $75,000 Tenant occupied Long-term tenant in place $1,000/month rental income All bills paid for tenant Immediate cash flow Investor-friendly opportunity Please do not disturb tenant. Contact us today for more information or to schedule a showing.

Monthly Cost Estimate

$401/mo

20% down · 6.5% · 30 years

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

402 39th Street

Lubbock, TX 79404

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Flooring

Laminate

Construction

Wood Siding

Parking

Driveway

Appliances

Exhaust FanGas RangeRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 402 39th Street is listed at $75,000 ($78/sqft). The estimated monthly payment is $401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.15 acre lot. Interior Features: Ceiling Fan(s).

This property is listed by Chris Carter.

CC

Chris Carter

License 0817825

Agent at The 32:18 Management Group

Listed by The 32:18 Management Group · Broker phone: 8063191021 · View on Broker Site

MLS# 202608347· Source: Lubbock Association of Realtors· 134 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.

402 39th Street, Lubbock, TX 79404

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