About This Home

This 3-bedroom, 2-bathroom single family at 505 E Rice Street in Lubbock, TX is listed for $115,000 ($104 per sqft). Built in 2016, the home offers 1,103 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 2016
  • 0.12 acre lot

Property Details

1 story
2 full
2016

Amenities

A/C
Listing Description

Located at 505 E Rice St, this 3-bedroom, 2-bathroom property offers a strong value-add investment opportunity in an established Lubbock neighborhood. Featuring 1,300 square feet of functional living space, central heat and air, and washer/dryer connections, this home provides a solid, low-maintenance foundation to renovate, lease out, and add steady cash flow to your portfolio. Currently leased until 10/31/2026 at $1,125/ month.

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

505 E Rice Street

Lubbock, TX 79403

Features & Amenities

Interior Features

Ceiling Fan(s)Formica CountersPantry

Exterior Features

Private Yard

Property Details

Flooring

PlankCarpetVinyl

Construction

Vinyl Siding

Outdoor Features

Patio

Parking

DrivewayGarage

Heating

Natural GasCentral

Cooling

ElectricCeiling Fan(s)Central Air

Appliances

CooktopOven

Questions & Answers

This 3-bedroom, 2-bathroom single family at 505 E Rice Street is listed at $115,000 ($104/sqft). The estimated monthly payment is $616 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2016, 0.12 acre lot. Interior Features: Ceiling Fan(s), Formica Counters, Pantry. Exterior Features: Private Yard.

This property is listed by Avery Shaw and can be reached at 8067774175.

AS

Avery Shaw

License 0842042

Agent at Keller Williams Realty

(806) 777-4175

Listed by Keller Williams Realty · Broker phone: (806) 771-7710 · View on Broker Site

MLS# 202610289· Source: Lubbock Association of Realtors· 54 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.

505 E Rice Street, Lubbock, TX 79403

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