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3015 48th Street, Lubbock, TX 79413

Lubbock
Local realty services provided by:CENTURY 21 Kearney & Associates
3015 48th Street,Lubbock, TX 79413
$107,000
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  • 2 Beds
  • 1 Baths
  • 884 sq. ft.
  • Single family
  • Pending
Listed by: john thomasson
Office: keller williams realty
MLS#:202605985
Source:TX_LAR

Price summary

  • Price:$107,000
  • Price per sq. ft.:$121.04

About this home

Turnkey investment opportunity with immediate cash flow. This 2-bedroom, 1-bath home is currently tenant-occupied at $950/month, offering instant income from day one. The long-term tenant has occupied the property for over 30 years and has maintained it in exceptionally clean, well-kept condition—something rarely found in rental properties. Pride of occupancy shows throughout. Major recent update includes a fully replaced garage system with new motor, track, and door, reducing near-term maintenance concerns. Situated on a large lot with a spacious backyard, this property offers additional upside potential for future improvements, expansion, or increased rental value. Whether you're looking to add a stable performer to your portfolio or secure a low-maintenance entry into investing, this is a strong, proven asset with built-in reliability.

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Home facts

  • Year built:1953
  • Listing ID #:202605985
  • Added:3 day(s) ago
  • Updated:May 09, 2026 at 02:06 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Gas Cooktop, Refrigerator
  • Living area:884 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/window Unit(s)
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1953
  • Building area:884 sq. ft.
  • Lot area:0.18 Acres
  • Foundation Description:Pillar/Post/Pier

Schools

  • High school:Monterey
  • Middle school:Slaton
  • Elementary school:Maedgen

Finances and disclosures

  • Price:$107,000
  • Price per sq. ft.:$121.04
  • Tax amount:$1,747

Features and amenities

  • Appliances:Gas Cooktop, Refrigerator, Washer

Parking

  • Parking description:Garage
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