704 E Municipal Dr, Lubbock, TX, 79403
About This Home
NEW LISTING! We just listed this cute home in Lubbock, Texas! The owner already has done some repairs, but it will need a little more work. This home has a lot of potential. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home. When you call be sure and ask about the other properties that we have available in the Lubbock Area.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Other
- Roof: Other
- Construction materials: Unknown
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Property
Details
- Parcel number: R121791
Features
- Stories: 1
Lot
- Lot size: 0.48 Acres
- Features: Other,1/4 Up to 1/2 Acre
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Winter Weather
- Cold Wave
- Tornado
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 | $505 | $6,060 |
| Home Insurance * | $167 | $2,004 |
| Property Taxes | $145 | $1,740 |
| Electricity | $238 | $2,859 |
| Total | $1,055 | $12,660 |
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 |
|---|---|---|
| 2026-02-20 | Listed for sale | $99,999 |
| 2023-06-16 | Sold | -- |
View on Zillow