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$ 155,000
Est. payment | /mo
3 Beds
2 Baths
1,277 SqFt
$ 155,000
Est. payment | /mo
3 Beds
2 Baths
1,277 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,277 sqft
Price per Sqft $121
MLS Listing ID 202606040
Bedrooms 3
Full Baths 2
Year Built 1929
Annual Tax Amount $1,887
Lot Size 10,500 Sqft
Acres 0.24
Property Sub-Type Single Family Residence
Source Lubbock Association of REALTORS®
Property Description
Investment opportunity at 2216 27th Street in Lubbock. This unique property features two dwellings, including a front house offering 2 bedrooms and 1 bathroom, and a 480 square foot backhouse with 1 bedroom and 1 bathroom—providing excellent flexibility and additional income potential. The front house is currently leased at $625 per month through January 13, 2027, delivering immediate and consistent cash flow for investors. Both homes offer functional layouts with comfortable living spaces, including welcoming living areas, practical kitchens, and well-sized bedrooms. The property's central location provides convenient access to Texas Tech University, medical facilities, shopping, and dining, making it highly desirable for tenants. With a long-term tenant already in place and the added value of a second unit, this is a strong opportunity to own a stabilized asset with upside potential. Priced at $155,000, this property combines current income with future growth—don't miss your chance to secure a versatile investment in a high-demand rental area.
Location
State TX
County Lubbock
Area 2
Rooms
Basement Basement
Interior
Interior Features Ceiling Fan(s)
Heating Natural Gas
Cooling Electric
Fireplaces Number 1
Fireplace Yes
Exterior
Exterior Feature Private Yard
Parking Features Driveway
Roof Type Composition
Building
Foundation Slab
New Construction No
Schools
School District Lubbock Isd
Others
Tax ID R81511
Listed by eXp Realty LLC
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