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About This Home
This 3-bedroom, 1-bathroom single family at 706 29th Street in Lubbock, TX is listed for $59,000 ($51 per sqft). Built in 1939, the home offers 1,164 sqft of living space on a 0.14 acres lot.
Welcome to 706 29th St - a solid investment opportunity in an established Central Lubbock neighborhood known for consistent rental demand. This property is currently leased at $750/month, with a long-term tenant who would like to remain, offering immediate and reliable income from day one.
For investors looking for stability, it doesn't get much more straightforward than this. Even better, the property is priced at approximately 72% of its market value, creating a built-in equity position with room for future appreciation. Located just minutes from Texas Tech University and downtown Lubbock, this area continues to attract tenants due to its convenience, accessibility, and affordability.
It's a proven rental pocket with ongoing demand. Whether you're looking to expand your portfolio with a low-maintenance rental or secure a property with strong fundamentals, this one checks the boxes: cash flow, tenant stability, and below-market pricing. Opportunities like this-occupied, performing, and priced right-don't last long.
Key Features
- Built in 1939
- 0.14 acre lot
Property Details
Amenities
Monthly Cost Estimate
$316/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
706 29th Street
Lubbock, TX 79404
Property Details
Parking
Questions & Answers
This 3-bedroom, 1-bathroom single family at 706 29th Street is listed at $59,000 ($51/sqft). The estimated monthly payment is $256 based on 20% down at 6.5% interest.
Key features include: Built in 1939, 0.14 acre lot.
This property is listed by Felicia Estrada and can be reached at 2102741825 or discoverlbk@kw.com.
