Listing provided courtesy of eXp Realty LLCMLS# 202606040MLS ProviderSource MLS Verified
  • 54 days on site
  • 0 views

Investment opportunity at 2216 27th Street in Lubbock. This unique property features two dwellings, including a front house offering 2 bedrooms and 1 bathroom, and a 480 square foot backhouse with 1 bedroom and 1 bathroom—providing excellent flexibility and additional income potential. The front house is currently leased at $625 per month through January 13, 2027, delivering immediate and consistent cash flow for investors. Both homes offer functional layouts with comfortable living spaces, including welcoming living areas, practical kitchens, and well-sized bedrooms. The property's central location provides convenient access to Texas Tech University, medical facilities, shopping, and dining, making it highly desirable for tenants. With a long-term tenant already in place and the added value of a second unit, this is a strong opportunity to own a stabilized asset with upside potential. Priced at $155,000, this property combines current income with future growth—don't miss your chance to secure a versatile investment in a high-demand rental area.

Source: Lubbock MLS, MLS#: 202606040

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  • Property Type
    Residential
  • Lot
    0.24 acres

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  • Median Age
    30
  • Population Density
    4,478
  • College Educated
    30%
  • Estimated Median Income
    $36,883
  • Estimated Total Home Owners
    1,093
  • Estimated Total Renters
    1,987
  • Owner / Renter Divide
    35% / 65%
  • Estimated Average Household Size
    2
  • Total Population
    6,661
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2216 27th Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: Lubbock MLS Added to Database
May 06, 2026