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$34,000
202610996 MLS
Prime Investment Opportunity - Acre and a Half on Parkway Drive Don't miss this chance to own a highly visible 1.5-acre parcel on Parkway Drive, split into two separate legal parcels, offering flexible development or resale options. This property includes a billboard currently situated on the 1-acre tract. The billboard lease is up for renewal and can be renegotiated or removed, depending on the buyer's preference. With comparable properties in the area listed around $3.25 per square foot, this property is priced to sell fast at just $1.00 per square foot, making it an exceptional opportunity for investors or business owners looking for high-traffic frontage at a competitive price. Whether you're considering new construction, land banking, or commercial redevelopment, this property checks all the boxes.

3501 Parkway Drive, Lubbock

$87,000
1 Beds 1 Baths 202610995 MLS
Invest with purpose in this thoughtfully designed 344 square foot, one bedroom, one bath home built by Almond Branch Homes. This modern and unique floor plan is currently leased, offering immediate rental income and seamless opportunity for an investor looking to expand their portfolio. This property is part of a partnership with Open Door Housing of Lubbock, an organization dedicated to providing stable housing solutions for vulnerable individuals while creating dependable investment opportunities for property owners. With an established tenant already in place, you can step into ownership and begin benefiting from this income - producing opportunity from day one. Built with quality craftsmanship and energy efficient living in mind, this home offers low maintenance ownership while making a meaningful impact in the community. Built above code with upgraded insulation, this home is engineered to outperform with R-18 Radiant Barrier Walls and R-42 Ceiling Insulation - keeping you comfortable year round while helping reduce monthly energy costs. The durable 26 gauge - Class 4 impact rated metal roof may also qualify for insurance discounts, adding even more long term value. Experience the Almond Branch Homes difference - where thoughtful craftsmanship, energy efficiency, and modern design come together to create a home built for today and ready for tomorrow.

3022 E 2nd Place, Lubbock

$187,000
3 Beds 2 Baths 202608510 MLS
Why rent when you can own a practically brand-new home just minutes from Texas Tech University, Preston Smith International Airport and downtown Lubbock? Built in 2023, 1802 E. Harvard Street offers the ultimate blend of modern luxury, energy efficiency, and unbeatable value.Step inside to an expansive, sun-drenched open-concept living area featuring durable flooring and a designer kitchen equipped with sleek cabinetry and premium finishes. Perfect for roommates, students, or privacy-seeking homeowners, this smart layout boasts an isolated primary suite with a generous walk-in closet and private bath. Unlike most properties in the area, this home features a rare side-entry 2-car garage and a fully fenced backyard ready for tailgates or pets. ATTENTION BUYERS & INVESTORS: *Texas Tech Affiliates: Skip the high rent! This low-maintenance property is perfect for students, medical residents, or faculty looking for a quiet study environment close to campus. *Move-In Ready: Avoid the costly repairs of older homes. With a 2-year-old roof, HVAC, and plumbing, this home easily meets strict FHA and VA appraisal standards. *Investor Potential: A true turnkey addition to your portfolio. Zero near-term CapEx ensures maximum cash flow. Excellent potential for traditional long-term leasing, traveling nurse housing, or a lucrative short-term rental/game-day overlay given its proximity to Texas Tech. Schedule your private tour today to experience this modern oasis for yourself!

1802 E Harvard Street, Lubbock

$100,000
3 Beds 1 Baths 202608348 MLS
Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.

1937 E Colgate Street, Lubbock

$69,000
3 Beds 1 Baths 202606949 MLS
Welcome to 3407 E Colgate St, a charming 3-bedroom, 1-bathroom home located in the established Parkway & Cherry Point neighborhood of Lubbock. This single-story brick home offers 1,002 square feet of living space on a spacious 7,750 sq ft lot—perfect for first-time buyers, downsizers, or investors. Inside, you'll find a functional layout with central heat, evaporative cooling, and great potential for cosmetic updates to make it your own. The home sits on a slab foundation with an attached garage and a large backyard ideal for entertaining or future expansion. Conveniently located just minutes from Texas Tech University, local schools, and major roadways, this property offers easy access to everything Lubbock has to offer. Whether you're looking to invest or settle down, this property provides an excellent opportunity to own a home with solid bones and endless potential.

3407 E Colgate Street, Lubbock

$60,000
3 Beds 1 Baths 202605971 MLS
Welcome to 2627 E Cornell — a great opportunity for investors looking for a performing property with built-in upside. This home is currently occupied by a long-term tenant, providing immediate stability and consistent occupancy. The property is currently under-rented, offering a clear opportunity to increase returns with a light cosmetic refresh. The home is in overall stable condition with no major repairs needed, making it an ideal candidate for improvements that can quickly bring rents up to market levels—without the need for a full renovation. Located in the Parkway/Cherry Point area of East Lubbock, this property sits in a rental market known for affordability and steady demand, making it a reliable option for long-term holds. Priced at approximately 85% of market value, this is a strong opportunity to step into a property that already performs, with the ability to maximize cash flow over time. Whether you're expanding your portfolio or looking for a manageable value-add investment, this one offers a solid combination of stability, flexibility, and future upside.

2627 E Cornell Street, Lubbock

$44,900
3 Beds 1 Baths 202557485 MLS
Looking for your next investment project or fixer-upper with amazing potential? This 3 bedroom, 1 bath, 1 car garage home is ready for someone with vision to bring it back to life! Located right across the street from a grocery store, you'll love the convenience this location offers. The home itself needs significant TLC, but with the right updates, it could be transformed into a cozy home or a profitable rental property. Featuring a functional layout, spacious bedrooms, and a generous backyard, there's plenty of space to work with to create something truly special. This property is priced to sell. Whether you're an investor looking for your next flip, or a buyer ready to roll up your sleeves and build instant equity, this opportunity is waiting for you.

2639 Parkway Drive, Lubbock