2508 35th Street is listed for sale at $ 110,000. The Single Family property has 3 bedrooms, 1 Full Bathroom, 1044 square feet and was built in 1952. The lot size is 0.17 Acres. ##BR##The numbers do not lie. At $110,000 with a tenant already in place at $925 per month on a fixed lease, this 3-bedroom, 1-bathroom Central Lubbock home is cash flowing from day one with no vacancy, no lease-up, and no headaches. With a GRM under 10 and a cap rate pushing double digits, this is a stabilized asset priced to move in one of West Texas’’s strongest rental markets. Minutes from Texas Tech University, schools, parks, and everyday conveniences, the location helps keep tenant demand consistently high. Photos reflect the pre-lease condition of the property. This is how portfolios get built, so do not let someone else close on your next cash-flowing door.
The numbers do not lie. At $110,000 with a tenant already in place at $925 per month on a fixed lease, this 3-bedroom, 1-bathroom Central Lubbock home is cash flowing from day one with no vacancy, no lease-up, and no headaches. With a GRM under 10 and a cap rate pushing double digits, this is a stabilized asset priced to move in one of West Texas''s strongest rental markets. Minutes from Texas Tech University, schools, parks, and everyday conveniences, the location helps keep tenant demand consistently high. Photos reflect the pre-lease condition of the property. This is how portfolios get built, so do not let someone else close on your next cash-flowing door.
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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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.
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