About This Home

This 2-bedroom, 1-bathroom single family at 5006 42nd Street in Lubbock, TX is listed for $129,000 ($122 per sqft). Built in 1955, the home offers 1,056 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1955
  • 0.18 acre lot

Property Details

1 story
1 full
1955

Amenities

HardwoodA/C
Listing Description

Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. *It is currently rented for $1,250 a month until March 26th, 2027.

Monthly Cost Estimate

$690/mo

20% down · 6.5% · 30 years

Principal$93
Interest$559
Insurance$38

Estimates only. Actual payments may vary.

Location

5006 42nd Street

Lubbock, TX 79414

Features & Amenities

Interior Features

Ceiling Fan(s)Formica Counters

Exterior Features

Private Yard

Property Details

Flooring

HardwoodTile

Construction

Stone Vinyl Siding

Parking

Garage

Heating

Natural GasCentral

Cooling

ElectricCentral Air

Appliances

CooktopOven

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5006 42nd Street is listed at $129,000 ($122/sqft). The estimated monthly payment is $690 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 0.18 acre lot. Interior Features: Ceiling Fan(s), Formica Counters. Exterior Features: Private Yard.

This property is listed by Cole Whisenhunt and can be reached at 8064387987.

CW

Cole Whisenhunt

Agent at Keller Williams Realty

(806) 438-7987

Listed by Keller Williams Realty · View on Broker Site

MLS# 202606284· Source: listhub· 53 days on market

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.

5006 42nd Street, Lubbock, TX 79414

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