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3027 S 48th St, Lincoln, NE, 68506

3beds
2baths
2,078sqft
$235,000
$113price/sqft
$1,853/moest. monthly cost
$74,120/yrincome needed

About This Home

Welcome Home to Southeast Lincoln! From the moment you arrive, this charming, rock-solid home wraps you in comfort. Tucked into a location that offers easy access to shopping and bus routes, it’s the perfect blend of modern living and everyday convenience. Inside, everything feels fresh and modern with brand-new carpet, stylish flooring, and two beautifully updated bathrooms. The layout features three comfortable bedrooms, while the finished basement opens up into a cozy family room. You'll also love the two flexible bonus rooms, ideal for an office or hobby room, plus a extra storage. Outside, the vinyl siding and newer windows keep maintenance low, and dedicated off-street parking makes coming home a breeze. This really cute, updated gem is ready for its next chapter. Come check it out today and fall in love!

Getting Around

64
WalkingSomewhat Walkable
22
TransitMinimal Transit
61
BikeBikeable

Schools

6/10
Calvert Elementary SchoolGrades PK-50.5 mi
6/10
Pound Middle SchoolGrades 6-81.2 mi
4/10

Construction

Condition

  • Property condition: Not New and NOT a Model
  • Year built: 1949

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator,Washer,Dryer

Basement

  • Area: 880

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedroom2

  • Level: Main

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Flooring: Carpet,Luxury Vinyl
  • Finished area below ground: 750
  • Finished area above ground: 1,328

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,078
  • Total interior livable area: 2,078 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1605130003000

Features

  • Levels: One and One Half
  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 7,405 sqft
  • Features: Up to 1/4 Acre.
  • Lot size dimensions: 144 x 49

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Hail
Strong Wind
Winter Weather
Cold Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Nebraska Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance $171$2,052
Property Taxes $366$4,392
Electricity $128$1,539
Total$1,853$22,236

Income You'd Need if You Spent...

35% on housing$63,531/yr
40% on housing$55,590/yr
45% on housing$49,413/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$113This listing

vs Other Active Listings

Avg $/sqft

ZIP 68506$140
Lancaster County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 68506$155
Lancaster County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-09Price change$235,000
2026-06-16Listed for sale$242,500

For Sale by Agent

AgentJim McCauley
BrokerageREMAX Concepts

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