2005 61st Street, Lubbock, TX 79412
- $80,000
- 4
- BD
- 1
- BA
- 1,198
- SqFt
- List Price
- $80,000
- MLS#
- 202605980
- Status
- ACTIVE
- Year Built
- 1950
- Type
- Single Family Residential
- Bedrooms
- 4
- Bathrooms
- 1
- Living Area
- 1,198
- Lot Size
- 7,830
- County
- Lubbock
- City
- Lubbock
- Legal Description
- Vandelia Village Blk 6 L 3
Property Description
Welcome to 2005 61st St — a great opportunity whether you're looking for your next home or a strong addition to your investment portfolio. This property has been recently updated by the seller and is currently finishing up a make-ready, putting it in a position to be rent-ready or move-in ready very soon. With a projected market rent of approximately $1,100/month, it offers solid income potential in an area with consistent demand. What truly makes this property stand out is the pricing—offered at approximately 31% below its market value, giving buyers the chance to step into immediate equity and long-term upside. For investors, this is a clean, low-hassle opportunity to place a tenant quickly and start generating returns. For owner-occupants, it's a chance to own a home with updates already completed—without paying full market price. Whether you're looking for cash flow, equity, or a place to call home, this property offers a strong combination of value, flexibility, and opportunity.
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Additional Information
- Taxes
- $1,187
- Heating
- Central
- Cooling
- Central Air, Ceiling Fan(s)
- Foundation
- Slab
- School District
- Lubbock ISD
- Elementary School
- Bayless
- Middle School
- Atkins
- High School
- Monterey
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Listing courtesy of Keller Williams Realty.