Lubbock, TX 79413
3015 48th Street, Lubbock, TX 79413
2 BD · 1 BA · 884 sq ft · Built 1953
Listing courtesy of Keller Williams Realty · John Thomasson
The details
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.
Price history
History from MLS records since this home was listed.
Monthly cost
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Principal, interest, taxes, insurance, and HOA.
An annual tax record is not available. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.
- Principal & interest
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- Property taxes
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Recently sold nearby
Sold
Sold
Sold
Sold
Sold
SoldListing provided courtesy of John Thomasson, Keller Williams Realty · 806-771-7710 · johnthomasson@kw.com . Status: Sold.
Listing information provided by the Lubbock Association of REALTORS® MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.
Listing data last updated May 27, 2026, 2:33 PM CT. MLS # 202605985. Displayed by The Brokerage Collective, a licensed Texas real estate brokerage.
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