1937 E Colgate Street, Lubbock, TX 79403 | MLS #202608348

Listing provided courtesy of The 32:18 Management GroupMLS# 202608348

Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.

Source: Lubbock MLS, MLS#: 202608348

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Property Type

Residential
Lot

0.17 acres

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WestMark REALTORS
WestMark, REALTORS
Office 806-794-6000

Median Age

35
Population Density

123
College Educated

14%
Estimated Median Income

$38,243
Estimated Total Home Owners

3,193
Estimated Total Renters

2,549
Owner / Renter Divide

56% / 44%
Estimated Average Household Size

3
Total Population

16,348
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* 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 1937 E Colgate 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
6/17/2026Source: Lubbock MLS	Added to Database	June 17, 2026
2/9/2026Source: Lubbock MLS	Status Change	Closed
12/31/2025Source: Lubbock MLS	Status Change	Pending
12/3/2025Source: Lubbock MLS	Price Increase	$99,000 15.1%
11/18/2025Source: Lubbock MLS	Price Increase	$86,000 19.4%
10/17/2025Source: Lubbock MLS	Added to Database	October 17, 2025