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3015 48th Street

Lubbock, TX 79413
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Just listedJust listed
2 Bedroom(s)
1 Full Bath(s)
884 Sqft
0.18 Lot Acres
Single Family

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Description

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.

MLS#
LAORTX-202605985
List Price
$107,000 ($121/Sqft.)
Listing Status
For Sale
Address
3015 48th Street
City
Lubbock
State
TX
Zip Code
79413
County
Lubbock County
Legal Description
Hulin Heights Blk 13 L 8
Property Type
Single Family
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Building Size
884 Sqft/Appraisal District
Year Built
1953 /Appraisal District
Lot Size
0.18 Lot Acres/Appraisal District

Exterior

Roof
Composition
Parking
Garage
Energy Features
Ceiling Fan
Porch
Yes
Dock
Yes

Interior

Cooling
Wall/Window Unit(s), Central Air, Window Unit(s)
Heating
Central
Appliances
Dryer, Gas Cooktop, Refrigerator, Washer
Interior
Ceiling Fan(s)

Rooms

Rooms
Bedroom 2, Bedroom 1, Bathroom 1

Lot Information

Lot Size
0.18 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Lubbock Association of Realtors®
Source last updated May 08, 2026 at 02:20 PM
Listing last updated May 07, 2026 at 02:19 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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