308 S 11th Street, Slaton, TX 79364

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
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308 S 11th Street,Slaton, TX 79364
$99,000
  • 3 Beds
  • 2 Baths
  • 1,049 sq. ft.
  • Single family
  • Active
Listed by:karla ross
Office:lubbock select realty
MLS#:202557098
Source:TX_LAR

Price summary

  • Price:$99,000
  • Price per sq. ft.:$94.38

About this home

This is the kind of investment opportunity that checks every box: strong cash flow, future upside, and a turnkey tenant in place. Located on a spacious corner lot in Slaton, TX, this 3-bedroom, 2-bath property currently exceeds the sought-after 1% rule. A 2-year lease is in place, providing immediate, reliable rental income with no downtime. The home is currently occupied as a single-family residence, but savvy investors will appreciate the value-add potential. With minimal modifications, the layout could be reconfigured to create two separate units. The front portion of the home would serve as a comfortable 2-bedroom residence, that accounts for the listed 1049 sq ft. The attached rear unit—offering an additional 650 sq ft—could function as an efficiency apartment, complete with its own kitchenette, private bathroom, and shared laundry access. This flexible configuration offers the ability to maximize rent and cater to a broader tenant base. Whether you're building your portfolio

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Home facts

  • Year built:1945
  • Listing Id #:202557098
  • Added:57 day(s) ago
  • Updated:August 27, 2025 at 02:49 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,049 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Natural gas

Structure and exterior

  • Roof:Composition
  • Year built:1945
  • Building area:1,049 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Slaton
  • Middle school:Slaton

Utilities

  • Water:PUBLIC
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$99,000
  • Price per sq. ft.:$94.38
  • Tax amount:$1,760
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