504 81st St, Lubbock, TX, 79404
About This Home
Great 2 bed 1 bath home ready for your investment portfolio! Reduced in price for quick sale! Don't miss out on this opportunity to buy at this price. Rental is currently $695 but can be renewed at market rent to $700 to $900, making this a high return investment. This property is also part of a package deal included is Mls# 202603487 & Mls#202603446. This property can be sold individually or in the package. Occupied properties require a 72 hour notice and proof of funds are required for showings to be approved. Call listing agent for questions.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1954
Materials
- Foundation: Combination
- Roof: Composition
- Construction materials: Asbestos
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Package Property,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood
- Finished area above ground: 878
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 878
- Total interior livable area: 878 sqft
Property
Details
- Parcel number: R110570
Features
- Exterior features: Private Yard
Lot
- Lot size: 9,147 sqft
Parking
- Parking features: Off Street
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
- Drought
- Inland Flooding
- Ice Storm
- Cold Wave
- Lightning
- Wildfire
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 | $530 | $6,360 |
| Home Insurance * | $267 | $3,204 |
| Property Taxes | $171 | $2,052 |
| Electricity | $238 | $2,859 |
| Total | $1,206 | $14,472 |
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 |
|---|---|---|
| 2026-05-06 | Price change | $169,797 |
| 2026-04-22 | Listing removed | $695 |
| 2026-04-20 | Listed for rent | $695 |
| 2026-04-20 | Listing removed | $695 |
| 2026-04-06 | Price change | $179,797 |
| 2026-03-18 | Price change | $185,000 |
| 2026-03-17 | Price change | $79,000 |
| 2026-02-24 | Price change | $695 |
| 2026-02-19 | Listed for rent | $800 |
| 2026-01-31 | Listing removed | $795 |
| 2026-01-15 | Listed for rent | $795 |
| 2025-11-22 | Listing removed | $795 |
| 2025-10-03 | Price change | $74,500 |
| 2025-09-03 | Listed for rent | $795 |
| 2025-07-25 | Listed for sale | $79,500 |
| 2025-06-26 | Listing removed | $800 |
| 2025-06-13 | Listed for rent | $800 |
| 2025-06-13 | Listing removed | $795 |
| 2025-06-04 | Price change | $795 |
| 2025-05-29 | Price change | $800 |
| 2025-05-15 | Price change | $850 |
| 2025-05-07 | Price change | $900 |
| 2025-03-26 | Price change | $895 |
| 2025-02-22 | Listed for rent | $900 |
| 2024-03-18 | Listing removed | -- |
| 2020-05-22 | Sold | -- |
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