2408 N Avenue O, Lubbock, TX, 79403
About This Home
New investment opportunity in Lubbock! This 3 bedroom, 2 bathroom home with a 1-car garage comes with a tenant in place through October 2026, offering immediate rental income and added stability for your portfolio. Located in the same desirable area, this property provides a functional layout and consistent rental appeal. With an established tenant already in place, it's a great option for investors looking for a turnkey property with dependable cash flow. The home also offers quick access to major highways, making it convenient for tenants commuting throughout Lubbock and helping support long-term rental demand. Whether you're expanding your portfolio or securing your first investment property, this is a strong opportunity you won't want to miss. Contact today for more information.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2022
Materials
- Foundation: Concrete Perimeter,Slab
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Microwave
- Laundry features: In Kitchen
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Other
- Flooring: Vinyl
- Finished area above ground: 1,323
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,323
- Total interior livable area: 1,323 sqft
Property
Details
- Parcel number: R345584
Features
- Patio & porch: Porch
- Exterior features: None
- Fencing: Back Yard
Lot
- Lot size: 5,227 sqft
Parking
- Total spaces: 1
- Parking features: Attached,Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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
- Hail
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Drought
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $910 | $10,920 |
| Home Insurance * | $301 | $3,612 |
| Property Taxes | $258 | $3,096 |
| Electricity | $238 | $2,859 |
| Total | $1,707 | $20,484 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $204,000 |
| 2026-03-23 | Listed for sale | $219,000 |
| 2025-10-16 | Listing removed | $1,375 |
| 2025-09-11 | Price change | $1,375 |
| 2025-08-07 | Listed for rent | $1,425 |
| 2024-07-11 | Listing removed | -- |
| 2024-06-25 | Listed for rent | $1,349 |
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