WestMark REALTORS

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Listing provided courtesy of Keller Williams RealtyMLS# 202606284MLS ProviderSource MLS Verified
  • 49 days on site
  • 3 views

Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. *It is currently rented for $1,250 a month until March 26th, 2027.

Source: Lubbock MLS, MLS#: 202606284

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  • Property Type
    Residential
  • Lot
    0.18 acres

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WestMark REALTORS

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  • Median Age
    30
  • Population Density
    5,549
  • College Educated
    36%
  • Estimated Median Income
    $42,432
  • Estimated Total Home Owners
    3,281
  • Estimated Total Renters
    4,918
  • Owner / Renter Divide
    40% / 60%
  • Estimated Average Household Size
    2
  • Total Population
    17,806
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* 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 5006 42nd 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
5/11/2026Source: Lubbock MLS Added to Database
May 11, 2026