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523 39th St, Lubbock, TX, 79404

2beds
1baths
696sqft
$69,000
$99price/sqft
$861/moest. monthly cost
$34,440/yrincome needed

About This Home

Welcome to 523 39th St — a solid investment opportunity in an established Central Lubbock neighborhood with a strong rental track record. This property has just completed make-ready and is fully rent-ready, making it easy to place your next tenant quickly. Previously rented at $750/month, this home has a history of leasing consistently and without long vacancy periods, giving investors confidence in its performance. Located in a well-established area known for steady rental demand, this property benefits from convenient access to main roads, shopping, and everyday amenities—making it an attractive option for tenants. For investors, this is about as straightforward as it gets: minimal downtime, proven rental history, and ready for immediate income. For buyers open to future occupancy, it also offers a clean, move-in ready option with flexibility. If you're looking for a low-hassle, income-producing property with a strong rental track record, this one is worth a look.

Getting Around

52
WalkingSomewhat Walkable
24
TransitMinimal Transit
38
BikeSomewhat Bikeable

Schools

4/10
Harwell Elementary SchoolGrades PK-50.2 mi
2/10
Estacado High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1927

Materials

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

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Other
  • Finished area above ground: 696

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 696
  • Total interior livable area: 696 sqft

Property

Details

  • Parcel number: R90802

Features

  • Exterior features: None,Other

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Driveway
  • 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 $348$4,176
Home Insurance *$175$2,100
Property Taxes $100$1,200
Electricity $238$2,859
Total$861$10,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,520/yr
40% on housing$25,830/yr
45% on housing$22,960/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

$99This 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)

No zestimate history available

Price History

DateEventPrice
2026-05-05Listed for sale$69,000
2026-04-30Listing removed$69,000
2026-03-24Pending sale$69,000
2026-02-02Listed for sale$69,000
2025-12-31Pending sale$69,000
2025-12-03Price change$69,000
2025-10-18Listed for sale$53,000
2025-06-16Listing removed$800
2025-05-09Listed for rent$800
2025-02-25Listing removed$800
2025-02-15Listed for rent$800
2024-02-17Listing removed--
2024-01-16Listed for rent$750
2018-09-06Listing removed$39,900
2018-07-09Listed for sale$39,900

For Sale by Agent

AgentFelicia Estrada
BrokerageKeller Williams Realty

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