1914 25th Street, Lubbock, TX 79411
Lubbock County
Key Facts
Description
Investor Special with Huge Value-Add Potential! This unique property offers an incredible opportunity for investors looking to maximize cash flow and build equity. Featuring a 3-bedroom, 2-bathroom main home and a separate 1-bedroom, 1-bathroom backhouse, this property provides the flexibility for dual rental income, multigenerational living, or an owner-occupant looking to offset their mortgage with rental revenue. The front home was previously rented for $1,200 per month, while the recently renovated backhouse generates $625 per month in rental income. The lease expires on 5/31/2027. The backhouse has already received updates, providing added appeal and reducing near-term maintenance concerns. While the property could benefit from some TLC and cosmetic improvements, it presents a huge value-add opportunity for an investor to increase rents, improve equity, and unlock its full income-producing potential. Whether you're looking for your next fix-and-hold investment, a house-hacking opportunity, or a project with strong upside, this property offers excellent income potential and multiple paths to create value. Opportunities like this don't come around often--bring your vision and capitalize on the possibilities.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1937
Living Area
2,430 sq ft
Lot Size
0.24 acres
MLS® Listing#
202608887
Property Features
Interior
Exterior
Cooling
Heating
Parking
Construction
Foundation
Roof
Financial Details
Annual Taxes
$3,979
Parcel Number
R84326
Affordability Calculator
$29,999
Estimated monthly payment
$798/mo
Principal $119,996 · Est. interest $167,405 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lubbock, TX
- $278,022
- Median Listing Price
- 42
- Median Days on Market
- 1,863
- Median Sq Ft
- $138
- Median Price / Sq Ft
- 1,565
- Active Listings
- This home’s price is 46% below the area median.
- Its price per sq ft is 55% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lubbock, TX.
Location
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Points of Interest in Lubbock, TX
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 701 E Purdue Street, Lubbock, TX | $105,699 | 4 | 2 | 1,525 |
| 516 E Madison Street, Lubbock, TX | $105,699 | 4 | 2 | 2,109 |
| 2101 Avenue M, Lubbock, TX | $109,000 | 4 | 3 | 1,788 |
| 4413 32nd Street, Lubbock, TX | $109,500 | 3 | 2 | 1,222 |
| 9125 Belton Drive, Lubbock, TX | $109,500 | 3 | 2 | 1,280 |
| 1609 39th Street, Lubbock, TX | $109,900 | 3 | 1 | 1,064 |
Moving Cost Estimate
EXIT Agents in Lubbock
Listing Courtesy: eXp Realty LLC - 8885197431
Presented by: Michael Norsworthy
Licensed in the state of Texas.