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5006 42nd St, Lubbock, TX, 79414

2beds
1baths
1,056sqft
$129,000
$122price/sqft
$1,281/moest. monthly cost
$51,240/yrincome needed

About This Home

Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. *It is currently rented for $1,250 a month until March 26th, 2027.

Getting Around

43
WalkingCar-Dependent
25
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

3/10
Stewart Elementary SchoolGrades PK-50.4 mi
2/10
Irons Middle SchoolGrades 6-82.3 mi
4/10
Coronado High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Stone,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Oven
  • Laundry features: Laundry Room

Bathroom

  • Features: Combination Shower/Tub

Bedroom1

  • Features: Hardwood Flooring
  • Area: 153.9315
  • Dimensions: 11.85 x 12.99

Bedrooms & Bathrooms

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

Dining Room

  • Features: Tile Flooring
  • Area: 117.2094
  • Dimensions: 9.03 x 12.98

Features

  • Ceiling Fan(s),Formica Counters
  • Flooring: Hardwood,Tile
  • Finished area above ground: 1,056

Heating & Cooling

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

Interior Area

  • Total structure area: 1,056
  • Total interior livable area: 1,056 sqft

Kitchen

  • Features: Tile Flooring,Wood Paint Cabinets,Formica Counters
  • Area: 143.9482
  • Dimensions: 11.09 x 12.98

Living Room

  • Features: Hardwood Flooring
  • Area: 199.4848
  • Dimensions: 12.92 x 15.44

Primary Bedroom

  • Features: Hardwood Flooring
  • Area: 179.5404
  • Dimensions: 13.26 x 13.54

Property

Details

  • Parcel number: R52672

Features

  • Exterior features: Private Yard

Lot

  • Lot size: 7,840 sqft

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1