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517 54th St, Lubbock, TX, 79404

2beds
1baths
1,088sqft
$77,500
$71price/sqft
$938/moest. monthly cost
$37,520/yrincome needed

About This Home

New tenant in place at $850 a month! This would make an excellent option to hold as a rental property, and have cash flow. Great home with recent remodeling, ready for a new owner! 2 bedroom, 1 bathroom home. Has Newer carpet, storm windows, paint inside and out, back yard concrete steps, siding, vinyl flooring, furnace heater and water heater! Professionally managed by True Asset PM. Come check this one out ASAP!

Getting Around

40
WalkingCar-Dependent
21
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

4/10
Bean Elementary SchoolGrades 1-51.6 mi
2/10
Estacado High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Asbestos

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Window features: Window Coverings
  • Finished area above ground: 1,088

Heating & Cooling

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

Interior Area

  • Total structure area: 1,088
  • Total interior livable area: 1,088 sqft

Property

Details

  • Parcel number: R39102
  • Zoning description: Single Family
  • Special condition: Standard
  • Other equipment: None

Features

  • Exterior features: None
  • Fencing: Fenced

Lot

  • Lot size: 6,969 sqft
  • Features: Landscaped

Parking

  • Parking features: On Street
  • 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

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

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Strong Wind
Winter Weather
Ice Storm
Lightning

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 $391$4,692
Home Insurance *$197$2,364
Property Taxes $112$1,344
Electricity $238$2,859
Total$938$11,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,160/yr
40% on housing$28,140/yr
45% on housing$25,013/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

$71This listing

vs Other Active Listings

Avg $/sqft

ZIP 79404$64
Lubbock County$122

vs Homes Sold Last Month

Median $/sqft

ZIP 79404$95
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)

Price History

DateEventPrice
2026-04-24Listed for sale$77,500
2026-01-01Listing removed$82,000
2025-01-04Listed for sale$82,000
2024-12-04Listing removed$82,000
2024-09-14Listing removed$850
2024-09-13Price change$850
2024-09-06Listed for rent$895
2024-06-01Price change$82,000
2024-01-09Price change$82,500
2023-08-23Listed for sale$85,000
2022-03-11Sold--
2022-02-04Pending sale$85,000
2022-01-29Listed for sale$85,000
2022-01-21Listing removed--
2022-01-20Price change$895
2022-01-18Listed for rent$950

For Sale by Agent

AgentTravis Turner
BrokerageBrick & Loft Realty

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