1506 45th St, Lubbock, TX, 79412
About This Home
Handyman/Investor Special with Incredible Potential! Bring your imagination and renovation ideas to this 3-bedroom, 1-bath home, built in 1961, located in an established South Lubbock neighborhood. Whether you're an investor looking for your next project or a buyer eager to create a home that's uniquely your own, this property offers an excellent opportunity to build equity through improvements. Inside, you'll find a functional floor plan ready for updating, while outside, the large backyard provides ample space for entertaining, gardening, pets, or future outdoor enhancements. A 1-car garage adds convenient parking and extra storage. The location is a standout feature! Enjoy being close to several neighborhood parks and just a short drive to South Plains Mall, University Medical Center, and Texas Tech University, providing easy access to shopping, dining, healthcare, and one of the area's premier universities. With its desirable location, generous lot, and unlimited renovation potential, 1504 45th St is the perfect canvas for your next investment or dream home project. Property Highlights: 3 Bedrooms 1 Full Bathroom Built in 1961 1-Car Garage Large Backyard Established Neighborhood Near Several Parks Minutes from South Plains Mall Convenient Access to University Medical Center Short Drive to Texas Tech University Excellent Investment or Renovation Opportunity Don't miss this chance to transform a classic Lubbock home into something truly special. Schedule your showing today!
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1961
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Asbestos,Brick Veneer,Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Oven
- Laundry features: Electric Dryer Hookup,In Kitchen,Washer Hookup
Bedroom2
- Features: Luxury Vinyl Flooring
- Level: First
Bedroom3
- Features: Luxury Vinyl Flooring
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Luxury Vinyl Flooring
- Level: First
Features
- Open Floorplan
- Window features: Aluminum Frames
- Flooring: Luxury Vinyl
- Finished area above ground: 1,031
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,031
- Total interior livable area: 1,031 sqft
Kitchen
- Features: Luxury Vinyl Flooring
- Level: First
Living Room
- Features: Luxury Vinyl Flooring
- Level: First
Primary Bedroom
- Features: Luxury Vinyl Flooring
- Level: First
Property
Details
- Parcel number: R58213
- Special condition: Standard
- Other equipment: None
Features
- Patio & porch: Front Porch
- Exterior features: Private Yard
- Fencing: Back Yard,Wood,See Remarks
Lot
- Lot size: 7,840 sqft
- Features: Back Yard,Front Yard
Parking
- Total spaces: 1
- Parking features: Attached,Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- 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
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Winter Weather
- Ice Storm
- Lightning
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 | $480 | $5,760 |
| Home Insurance * | $182 | $2,184 |
| Property Taxes | $140 | $1,680 |
| Electricity | $238 | $2,859 |
| Total | $1,040 | $12,480 |
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 |
|---|---|---|
| 2026-07-30 | Listed for sale | $95,000 |
| 2023-01-09 | Listing removed | -- |
| 2022-11-30 | Pending sale | $82,500 |
| 2022-11-14 | Listed for sale | $82,500 |
| 2022-10-12 | Pending sale | $82,500 |
| 2022-10-05 | Listed for sale | $82,500 |
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