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About This Home

This 3-bedroom, 1-bathroom single family at 1937 E Colgate Street in Lubbock, TX is listed for $100,000 ($75 per sqft). Built in 1961, the home offers 1,331 sqft of living space on a 0.17 acres lot.

Agent Description

Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income.

Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter.

Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.

Key Features

  • Built in 1961
  • 0.17 acre lot
  • Fireplace

Property Details

1 full
1961

Amenities

FireplaceA/C

Monthly Cost Estimate

$535/mo

20% down · 6.5% · 30 years

Principal$72
Interest$433
Insurance$29

Estimates only. Actual payments may vary.

Location

1937 E Colgate Street

Lubbock, TX 79403

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Flooring

Vinyl

Construction

Brick Veneer

Parking

Driveway

Heating

CentralFireplace(s)

Cooling

Central Air

Appliances

Gas RangeRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1937 E Colgate Street is listed at $100,000 ($75/sqft). The estimated monthly payment is $433 based on 20% down at 6.5% interest.

Key features include: Built in 1961, 0.17 acre lot, Fireplace. Interior Features: Ceiling Fan(s).

This property is listed by Chris Carter and can be reached at 8065005599 or chris@the3218managementgroup.com.

CC

Chris Carter

Agent at The 32:18 Management Group

(806) 500-5599

Listed by The 32:18 Management Group · View on Broker Site

MLS# 202608348· Source: listhub· Updated 2 days ago

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.

1937 E Colgate Street, Lubbock, TX 79403

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