3308 2nd Street, Lubbock, TX 79415

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
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3308 2nd Street,Lubbock, TX 79415
$1,400,000
  • 3 Beds
  • 2 Baths
  • 1,088 sq. ft.
  • Multi-family
  • Pending
Listed by:felicia estrada
Office:keller williams realty
MLS#:202557064
Source:TX_LAR

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$1,286.76

About this home

Turn-key 18-Door SFR Portfolio Step into instant cash flow with this rare package of 18 single-family homes—14 already leased at market rents and collectively outperforming the coveted 1 % rule. This portfolio delivers steady income today and clear upside tomorrow. Why investors like you will love it - Strong, Stable Rent: Long-term tenants in place, maintained to neighborhood standards, and managed by 32:18 Management—who will gladly stay on for a seamless hand-off. Plug-and-Play Operation: Existing systems, leases, and rent roll mean you collect cash from Day 1. Built-in Value-Add: All homes sit in solid C-class sub markets and are in functional condition: enjoy immediate returns now, then unlock more equity with targeted upgrades as schedules and budgets allow. Balanced Risk: Spread across multiple blocks, reducing vacancy exposure while keeping management efficient. Investor-Friendly Numbers: At or above the 1 % rule, this package works for BRRRR, buy-and-hold, or 1031-exchange

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Home facts

  • Year built:1947
  • Listing Id #:202557064
  • Added:57 day(s) ago
  • Updated:August 26, 2025 at 09:55 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,088 sq. ft.

Heating and cooling

  • Cooling:Central Air, Multi Units
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1947
  • Building area:1,088 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$1,286.76
  • Tax amount:$284
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