1917 22nd Street, Lubbock, TX 79411
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
1917 22nd Street,Lubbock, TX 79411
$85,732
- 3 Beds
- 1 Baths
- 1,232 sq. ft.
- Multi-family
- Pending
Listed by:felicia estrada
Office:keller williams realty
MLS#:202561960
Source:TX_LAR
Price summary
- Price:$85,732
- Price per sq. ft.:$69.59
About this home
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.
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Home facts
- Year built:1937
- Listing ID #:202561960
- Added:5 day(s) ago
- Updated:October 23, 2025 at 09:05 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,232 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1937
- Building area:1,232 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:Monterey
- Middle school:Slaton
- Elementary school:Brown
Finances and disclosures
- Price:$85,732
- Price per sq. ft.:$69.59
- Tax amount:$1,812
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