706 29th Street, Lubbock, TX 79404

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
706 29th Street,Lubbock, TX 79404
$79,000
  • 3 Beds
  • 1 Baths
  • 1,164 sq. ft.
  • Multi-family
  • Active
Listed by:felicia estrada
Office:keller williams realty
MLS#:202561994
Source:TX_LAR

Price summary

  • Price:$79,000
  • Price per sq. ft.:$67.87

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 tenant-occupied by a long-term renter who wishes to stay, providing immediate stability and reliable income. Priced at approximately 74% of market value with an estimated rent of $750 per month, it maintains performance in line with the 1% rule. The property has undergone prior cosmetic updates, including new interior paint, kitchen cabinets, sink, flooring, bedroom doors, and a new gas line, ensuring continued functionality and tenant satisfaction. While it may benefit from minor bathroom updates, it remains in solid, rentable condition and represents a dependable cash-flowing asset with potential for incremental improvements to boost long-term value.

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Home facts

  • Year built:1939
  • Listing ID #:202561994
  • 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:1,164 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1939
  • Building area:1,164 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$79,000
  • Price per sq. ft.:$67.87
  • Tax amount:$1,278
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