706 29th Street, Lubbock, TX 79404

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.