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2933 E Baylor Street, Lubbock, TX 79403

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For Sale

$67,270

4 beds • 2 baths • 1,660 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $40.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This asset is offered as part of a value-add investment portfolio of 18 properties. This 4-bed, 2-bath brick home offers 1,660 sq ft of living space and combines strong maintenance history with clear value-add potential. A new roof was installed in June 2023, and prior to that the property received significant plumbing and bathroom updates, including a complete replacement of the drain line. Mini-split systems were added throughout the home to improve energy efficiency and reduce utility costs for the tenant. The property is well-kept and occupied by a steady tenant currently paying $695 per month, which is below market rents for the area, presenting an immediate opportunity for future rent growth. Offered at approximately 74% of market value, this home is located in the Parkway-Cherry Point neighborhood of northeast Lubbock-a well-established community near Mackenzie Park and within convenient access to city amenities. This is a solid, income-producing property with built-in equity and clear upside for investors.
MLS# 202561969

Courtesy Of Keller Williams Realty

(806) 771-7710

Property Features

  • Age
    Over 50 Years Old
  • Exterior Type
    Brick
  • Lot Size
    0.18 Acres

Map and Directions

Directions to 2933 E Baylor Street, Lubbock, TX 79403

Home seller CENTURY 21 Garlington & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Garlington & Associates

(713) 455-0011
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.