1609 39th Street, Lubbock, TX 79412
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
1609 39th Street,Lubbock, TX 79412
$102,500
- 3 Beds
- 1 Baths
- 1,064 sq. ft.
- Single family
- Active
Listed by:
- Better Homes and Gardens Real Estate Blu Realty
MLS#:202561249
Source:TX_LAR
Price summary
- Price:$102,500
- Price per sq. ft.:$96.33
About this home
This 3 bed, 1 bath home presents a compelling Lubbock investment opportunity at an increasingly rare $105,000 entry point. Located next to South Plains College, the property is well positioned for student housing or long-term rental demand, offering a reliable tenant pool year after year. Recent updates reduce near-term capital risk, including a new roof installed September 2025, fully repainted interior, and updated flooring in the main living areas. A storm cellar adds durability and practical value. The home also carries a history of consistent rental income, with some interior work currently in progress, creating a clear value-add path. The property is being sold as-is, with the option to complete remaining interior improvements with an acceptable offer, allowing investors to capture equity efficiently. Situated on 39th Street, part of the Buddy Holly Tour Trail and home to one of Buddy Holly's historic residences, the location adds cultural significance and long-term appeal. A strong fit for buy-and-hold investors, student rentals, or those seeking a stable Lubbock asset with upside in a proven rental corridor.
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Home facts
- Year built:1954
- Listing ID #:202561249
- Added:135 day(s) ago
- Updated:February 14, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,064 sq. ft.
Heating and cooling
- Cooling:Central Air, Gas
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1954
- Building area:1,064 sq. ft.
- Lot area:0.18 Acres
Schools
- High school:Monterey
- Middle school:Slaton
- Elementary school:Bean
Finances and disclosures
- Price:$102,500
- Price per sq. ft.:$96.33
- Tax amount:$1,541
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