1937 E Colgate Street, Lubbock, TX 79403

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
1937 E Colgate Street,Lubbock, TX 79403
$72,000
  • 3 Beds
  • 1 Baths
  • 1,331 sq. ft.
  • Multi-family
  • Active
Listed by:felicia estrada
Office:keller williams realty
MLS#:202561961
Source:TX_LAR

Price summary

  • Price:$72,000
  • Price per sq. ft.:$54.09

About this home

This asset is offered as part of a value-add investment portfolio of 18 Properties and stands out as a fully remodeled, turn-key opportunity. The home is a 3-bed, 1-bath brick residence on a corner lot, delivering instant appeal and low exterior maintenance. Previously leased at $1,300/month, this property already demonstrates premium rent potential in the neighborhood. With upgrades already completed, it reduces downside risk and provides immediate income. Located in Northeast Lubbock (in the 79403 area), this home benefits from a stable residential community with established infrastructure and proximity to local schools, shopping corridors, and convenient arterial access. This is ideal for investors seeking a lower-effort, income-yielding asset with strong rental comparables built in.

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Home facts

  • Year built:1961
  • Listing ID #:202561961
  • Added:7 day(s) ago
  • Updated:October 25, 2025 at 03:09 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,331 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1961
  • Building area:1,331 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Estacado
  • Middle school:Dunbar College Preparatory Academy
  • Elementary school:Alderson

Utilities

  • Water:PUBLIC

Finances and disclosures

  • Price:$72,000
  • Price per sq. ft.:$54.09
  • Tax amount:$900
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