2703 2nd St, Lubbock, TX, 79415
About This Home
Investment Property — 2703 2nd Street, Lubbock, TX This recently updated property features two bedrooms and one bathroom. All appliances convey with the property, making this a strong turnkey opportunity for an investor looking to add an income-producing home to their portfolio. The property currently generates $750 per month in rental income. 2703 2nd Street is being offered as part of a $2.2 million real estate portfolio and will not be separated or sold individually. For additional information about the complete portfolio or to schedule a showing, contact:
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1947
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Property subType: Package Property,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 704
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 704
- Total interior livable area: 704 sqft
Property
Details
- Parcel number: R91756
Lot
- Lot size: 6,098 sqft
Parking
- Parking features: Other
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
- Cold Wave
- Hail
- Strong Wind
- Winter Weather
- Inland Flooding
- Ice Storm
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 | $399 | $4,788 |
| Home Insurance * | $173 | $2,076 |
| Property Taxes | $114 | $1,368 |
| Electricity | $238 | $2,859 |
| Total | $924 | $11,088 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Listed for sale | $79,000 |
| 2017-10-07 | Listing removed | $850 |
| 2017-09-04 | Price change | $850 |
| 2017-08-03 | Listed for rent | $900 |
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