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2035 62nd St, Lubbock, TX, 79412

3beds
3baths
1,849sqft
$75,000
$41price/sqft
$874/moest. monthly cost
$34,960/yrincome needed

About This Home

OPPURTUNITY KNOCKS !!!Priced to sell and packed with potential! If you've been searching for a property with tremendous upside potential, this is the one. Situated in an established neighborhood and directly across from a beautiful park, this home offers an unbeatable location with convenient access to shopping, dining, schools, and everyday amenities. A spacious floorplan with a generous layout , and a great front yard curb views. This home offers an incredible opportunity for investors, flippers, or buyers looking to build equity. It is filled with highly sought-after structural features that can earn good ARV or premium rental rates once given that TLC. With the right vision and updates, this property could be transformed into a standout home while creating substantial value. Don't miss your chance to secure a great location and a fantastic investment opportunity at an attractive price. Imagine the possibilities—modernize the interior, enhance the curb appeal, and unlock the full potential of this property. Properties offering this much potential in such a location don't come along often. Strict Transaction terms as follows Sold AS-IS, Seller will make no repairs, Will not qualify for FHA or VA loans .Cash, hard money or rehab conventional loans only. no sight unseen offers will be accepted, or wholesaling. Bring your ideas, Contractors and your imagination to turn this gem into your high yielding next project.

Getting Around

40
WalkingCar-Dependent
21
TransitMinimal Transit
37
BikeSomewhat Bikeable

Schools

6/10
Bayless Elementary SchoolGrades PK-50.2 mi
3/10
Atkins Middle SchoolGrades 6-80.4 mi
5/10
Monterey High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1953

Materials

  • Foundation: Other
  • Roof: Composition
  • Construction materials: Other

Type & Style

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

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Other
  • Flooring: Other
  • Finished area above ground: 1,849

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,849
  • Total interior livable area: 1,849 sqft

Property

Details

  • Parcel number: R127595

Features

  • Exterior features: None
  • Fencing: Fenced

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: Carport

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

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Winter Weather
Ice Storm

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
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 $379$4,548
Home Insurance *$144$1,728
Property Taxes $113$1,356
Electricity $238$2,859
Total$874$10,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,965/yr
40% on housing$26,220/yr
45% on housing$23,306/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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: 6.1%
6.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$41This listing

vs Other Active Listings

Avg $/sqft

ZIP 79412$64
Lubbock County$122

vs Homes Sold Last Month

Median $/sqft

ZIP 79412$91
Lubbock County$143

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
2026-06-24Listed for sale$75,000
2020-01-02Listing removed$1,100
2019-12-30Listed for rent$1,100
2018-11-13Listing removed$1,050
2018-10-17Listed for rent$1,050

For Sale by Agent

AgentThena Ramesh
BrokerageExit Realty of Lubbock

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