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
Amenities
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
Estimates only. Actual payments may vary.
Location
505 E Rice Street
Lubbock, TX 79403
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
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.








