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Jason Arnold

jasonarnoldre@gmail.com +1(806) 678-9266

$ 35,000

Est. payment | -/mo

2 Beds

1 Bath

694 SqFt

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$ 35,000

Est. payment | -/mo

Save

2 Beds

1 Bath

694 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 694 sqft

Price per Sqft $50

MLS Listing ID 202605973

Bedrooms 2

Full Baths 1

Year Built 1947

Annual Tax Amount $562

Lot Size 4,075 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Source Lubbock Association of REALTORS®

Property Description

Welcome to 2609 Ave K — a compelling opportunity for investors looking to secure a stabilized property with significant value-add potential. This home is currently occupied by a long-term tenant who pays consistently and would like to remain, providing immediate income and peace of mind. The tenant is on a month-to-month lease, giving flexibility for future plans. The property is currently under-rented, offering a clear opportunity to increase cash flow over time. For those looking to maximize rents, a light update or refresh could help bring the property up to current market standards. What truly sets this property apart is the price — listed at approximately 52% of its market value, creating a rare opportunity for substantial equity and long-term upside. Located in Central Lubbock with convenient access to major roadways, downtown, and Texas Tech University, this area continues to attract steady rental demand. Whether you're building your portfolio or looking for a high-margin investment, this property offers the ideal combination of stability, flexibility, and strong upside potential.

Location

State TX

County Lubbock

Area 2

Rooms

Basement Basement

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature None, Other

Parking Features Driveway

Roof Type Composition

Building

Foundation Pillar/Post/Pier

New Construction No

Schools

Elementary Schools Bean

Middle Schools Dunbar College Preparatory Academy

High Schools Estacado

School District Lubbock Isd

Others

Tax ID R120089

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Keller Williams Realty

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Jason Arnold

Agent | License ID: 7637770

+1(806) 678-9266 | jasonarnoldre@gmail.com

2609 Avenue K Lubbock, TX 79411

Jason Arnold

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

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2609 Avenue K