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2510 Avenue K, Lubbock, TX, 79411

2beds
1baths
1,016sqft
$22,000
$22price/sqft
$426/moest. monthly cost
$17,040/yrincome needed

About This Home

Welcome to 2510 Ave K — a prime opportunity for investors looking for a heavy value-add project with significant upside. This property is currently tenant-occupied on a month-to-month lease, providing some income while you plan your next steps. The home is very under-rented and will require major repairs and renovation to bring it up to full market potential—making it ideal for investors ready to take on a project. What makes this opportunity stand out is the pricing. Listed at approximately 28% of its market value, this property offers substantial room for improvements, repositioning, and long-term equity growth. Located in Central Lubbock with convenient access to downtown, major roadways, and Texas Tech University, the area continues to support steady rental demand—making it a strong candidate for a flip, rental hold, or full reposition. For experienced investors or those looking for a project with maximum upside potential, this is the kind of deal where the numbers can make sense.

Getting Around

63
WalkingSomewhat Walkable
30
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

4/10
Bean Elementary SchoolGrades 1-50.3 mi
2/10
Slaton Middle SchoolGrades 6-80.5 mi
2/10
Estacado High SchoolGrades 9-123.0 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1943

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: None,Other

Bedrooms & Bathrooms

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

Features

  • Other
  • Finished area above ground: 1,016

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 1,016
  • Total interior livable area: 1,016 sqft

Property

Details

  • Parcel number: R53555

Features

  • Exterior features: None,Other

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes