2006 N Fm 179, Lubbock, TX 79416

$210,000
3
BD
2
BA
1,612
SqFt

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List Price
$210,000
Price Change
▼ $10,000 1791593264
MLS#
202612570
Status
ACTIVE
Year Built
1989
Type
Single Family Residential
Bedrooms
3
Bathrooms
2
Living Area
1,612
Lot Size
41,513
County
Lubbock
City
Lubbock
Legal Description
Blk Js Sec 16 Ab 903 Tr 3A & N/Pt Of Tr 3 Plott Acs Ac: .953

Property Description

Investment opportunity with rental income already in place. This country home on North FM 179, between Wolfforth and Shallowater, is currently leased at $1,750 per month on a 12 month lease, so the next owner starts collecting rent from day one with no vacancy or lease-up period. The three bedroom, two bathroom home has been updated with new flooring, fresh paint, custom tiled showers, and quartz countertops, which keeps near-term maintenance low and supports strong tenant retention. High beamed ceilings and a gas fireplace give the home character that stands out among area rentals. It is zoned to Willow Bend, Terra Vista, and Memorial High School in the Frenship school district, a draw for long-term tenants. A good fit for an investor looking for an updated rental with income already in place.

Additional Information

Taxes
$1,180
Heating
Central
Cooling
Central Air
Fireplaces
1
Foundation
Slab
School District
Frenship ISD
Elementary School
Willow Bend
Middle School
Terra Vista
High School
Memorial

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Calculator source: Real Geeks

Listing courtesy of Brick & Loft Realty.