614 39th Street, Lubbock, TX 79404

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
614 39th Street,Lubbock, TX 79404
$63,000
  • 3 Beds
  • 1 Baths
  • 1,045 sq. ft.
  • Multi-family
  • Active
Listed by:felicia estrada
Office:keller williams realty
MLS#:202561993
Source:TX_LAR

Price summary

  • Price:$63,000
  • Price per sq. ft.:$60.29

About this home

This asset is offered as part of a value-add investment portfolio of 18 properties. This 3-bedroom, 1-bath home is currently vacant but was previously rented for $800 per month, offering a strong return potential at approximately 75% of market value. The property received basic cosmetic updates in 2021 and a new roof in 2023, positioning it for quick stabilization and reliable future income. With minimal additional improvements, the home could easily qualify for Section 8 tenancy, providing the opportunity for higher and more stable rents. Even at current rent estimates, it performs well for its price point, making it a flexible choice for investors seeking a mix of affordability, cash flow potential, and manageable value-add opportunity within the Lubbock market.

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Home facts

  • Year built:1952
  • Listing ID #:202561993
  • Added:1 day(s) ago
  • Updated:October 19, 2025 at 03:13 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,045 sq. ft.

Structure and exterior

  • Year built:1952
  • Building area:1,045 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$63,000
  • Price per sq. ft.:$60.29
  • Tax amount:$1,035
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