402 39th Street, Lubbock, TX 79404 | MLS #202608347

Listing provided courtesy of The 32:18 Management GroupMLS# 202608347

Looking for immediate cash flow? This tenant-occupied property at 402 39th St in Lubbock is priced at $75,000 and already has a long-term tenant in place. The property currently brings in $1,000 per month in rental income, making it a strong option for investors looking to add a cash-flowing asset to their portfolio from day one. The home is offered as all bills paid for the tenant, which adds convenience for the renter and helps support continued occupancy. With an established tenant, existing rental income, and an affordable purchase price, this property offers a practical investment opportunity with immediate income potential. Highlights: Sales Price: $75,000 Tenant occupied Long-term tenant in place $1,000/month rental income All bills paid for tenant Immediate cash flow Investor-friendly opportunity Please do not disturb tenant. Contact us today for more information or to schedule a showing.

Source: Lubbock MLS, MLS#: 202608347

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Property Type

Residential
Lot

0.15 acres

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WestMark REALTORS
WestMark, REALTORS
Office 806-794-6000

Median Age

41
Population Density

326
College Educated

14%
Estimated Median Income

$42,826
Estimated Total Home Owners

2,264
Estimated Total Renters

1,158
Owner / Renter Divide

66% / 34%
Estimated Average Household Size

3
Total Population

9,630
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 402 39th 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	$75,000 22.0%
10/17/2025Source: Lubbock MLS	Added to Database	October 17, 2025