TX
Lubbock
Lubbock
79404
706 29th Street
706 29th Street, Lubbock, TX 79404
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Listing Type
Multi Family
Listing Status
active
8
$79,000

Home Details for 706 29th Street

Price
$79,000
Type
Residential Income
Bedrooms
3
Bathrooms
1.0
Square feet
1164
Year built
1939
Lot size acres
0.14
County
Lubbock
Garage
Days on site
32
MLS Listing#
202561994
Property Description

This asset is offered as part of a value-add investment portfolio of 18 properties. This 3-bedroom, 1-bath home is currently tenant-occupied by a long-term renter who wishes to stay, providing immediate stability and reliable income. Priced at approximately 74% of market value with an estimated rent of $750 per month, it maintains performance in line with the 1% rule. The property has undergone prior cosmetic updates, including new interior paint, kitchen cabinets, sink, flooring, bedroom doors, and a new gas line, ensuring continued functionality and tenant satisfaction. While it may benefit from minor bathroom updates, it remains in solid, rentable condition and represents a dependable cash-flowing asset with potential for incremental improvements to boost long-term value.

Property Features
  • Cooling Information
    • Other
  • Heating Information
    • Other
  • Parking
    • Driveway
Listing Courtesy: Keller Williams Realty - 806-771-7710
Presented by: Felicia Estrada
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lubbock Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than {{BROKERAGE}}, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Lubbock Association of REALTORS®. All Rights Reserved.
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EXIT REALTY OF LUBBOCK
2405 W. Loop 289 Suite 100, Lubbock, TX 79407
Dan Schwertner
Sales Representative
Office
806 771 3900
Agent
575 302 4462
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