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Laura Johnson

laura.johnson@exprealty.com +1(806) 805-4677

$ 59,000

Est. payment | -/mo

3 Beds

1 Bath

1,164 SqFt

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$ 59,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,164 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,164 sqft

Price per Sqft $50

MLS Listing ID 202605962

Bedrooms 3

Full Baths 1

Year Built 1939

Annual Tax Amount $1,317

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Source Lubbock Association of REALTORS®

Property Description

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.

Location

State TX

County Lubbock

Area 2

Rooms

Basement Basement

Interior

Interior Features Other

Heating Other

Cooling Other

Fireplace No

Appliance Other

Exterior

Exterior Feature None, Other

Parking Features Driveway

Roof Type Composition

Building

Foundation Pillar/Post/Pier

New Construction No

Schools

School District Lubbock Isd

Others

Tax ID R87714

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Keller Williams Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(806) 805-4677

laura.johnson@exprealty.com

Lubbock, TX, 79424, USA

706 29th Street Lubbock, TX 79404