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About This Home
This 2-bedroom, 1-bathroom single family at 5006 42nd Street in Lubbock, TX is listed for $130,000 ($123 per sqft). Built in 1955, the home offers 1,056 sqft of living space on a 0.18 acres lot.
Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. *It is currently rented for $1,250 a month until March 26th, 2027.
Key Features
- Built in 1955
- 0.18 acre lot
Property Details
Amenities
Monthly Cost Estimate
$695/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5006 42nd Street
Lubbock, TX 79414
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 5006 42nd Street is listed at $130,000 ($123/sqft). The estimated monthly payment is $563 based on 20% down at 6.5% interest.
Key features include: Built in 1955, 0.18 acre lot. Interior Features: Ceiling Fan(s), Formica Counters. Exterior Features: Private Yard.
This property is listed by Cole Whisenhunt and can be reached at 8064387987 or colew@kw.com.