This asset is offered as part of a value-add investment portfolio of 18 properties. Located in the Heart of Lubbock this 3-bedroom, 1-bath home is priced at ~75% of market value. The property needs modest rehab work (floors, paint, kitchen/bath refresh) but trades well below replacement cost. When stabilized, its current market rent ceiling ranges from $850 to $950/month, yielding a strong cash-flow upside that beats the 1 % rule. Nestled in a mature, centrally located Lubbock neighborhood, it offers access to established schools, convenient city access, and proximity to local amenities. This is ideal for an investor seeking a turnkey rehab-to-rent play with built-in equity upside.
Property Features
Cooling Information
Other
Heating Information
Central
Parking
Driveway
School Information
School Information for 1917 22nd Street, Lubbock, TX 79411
Elementary School
Brown
Middle School
Slaton
High School
Monterey
Listing Courtesy: Keller Williams Realty - 806-771-7710