1914 25th Street, Lubbock, TX 79411

$144,900
4
BD
2
BA
2,430
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$144,900
MLS#
202611909
Status
ACTIVE
Year Built
1937
Type
Single Family Residential
Bedrooms
4
Bathrooms
2
Living Area
2,430
Lot Size
10,500
County
Lubbock
City
Lubbock
Legal Description
PARKLAND PL BLK 21 L 18 & E/2 OF 17

Property Description

Investor Special with Huge Value-Add Potential! This unique property offers an incredible opportunity for investors looking to maximize cash flow and build equity. Featuring a 3-bedroom, 2-bathroom main home and a separate 1-bedroom, 1-bathroom backhouse, this property provides the flexibility for dual rental income, multigenerational living, or an owner-occupant looking to offset their mortgage with rental revenue. The front home was previously rented for $1,200 per month, while the recently renovated backhouse generates $625 per month in rental income. The lease expires on 5/31/2027. The backhouse has already received updates, providing added appeal and reducing near-term maintenance concerns. While the property could benefit from some TLC and cosmetic improvements, it presents a huge value-add opportunity for an investor to increase rents, improve equity, and unlock its full income-producing potential. Whether you're looking for your next fix-and-hold investment, a house-hacking opportunity, or a project with strong upside, this property offers excellent income potential and multiple paths to create value. Opportunities like this don't come around often--bring your vision and capitalize on the possibilities.

Additional Information

Taxes
$3,979
Heating
Central, Natural Gas
Cooling
Central Air, Electric
Foundation
Pillar/Post/Pier
School District
Lubbock ISD

How much is your home worth?

Recent sales have affected your home's value. Find out what it's worth here.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty LLC.