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44XX Marshall St, Lubbock TX, 79416

$110,000

Details

💲Prime Rental Opportunity with Light Updates in Quiet Neighborhood 💰🏡 -Lubbock- 79416

This well-kept home is the perfect buy-and-hold investment in a quiet Lubbock neighbourhood. Both the kitchen and bathrooms were remodelled five years ago with a relatively new roof and HVAC unit. Only a short drive to Yellow House Canyon Park and other popular recreational areas.

Stats:

County: Lubbock
Bed/Bath: 3/2
Sqft: 1,152
Land SqFt: 7,896
Built: 1995
ARV Price: $165k
Market Rents: $1,150 – $1300/mo
Fast Facts:

Roof – 3 years old
HVAC – 3 years old
Windows – original
Hot Water Heater – original
Electrical – original
Plumbing – original
Foundation – original
Kitchens & Bathrooms – remodeled 5 years ago
Occupancy – occupied by relative, no lease in place
Parking – driveway
SOLD MLS COMPS

4528 Marshall St (3/2, 1148sqft, 6762sqft, 1978) – $134,300/ $117ft (09/27/21) – As is
4617 Kemper St (3/1, 1048sqft, 6810sqft, 1977) – $150,400 / $143.51ft (12/08/21) – Updated
4606 Lehigh St (3/2, 1213sqft,5763sqft, 1980) – $166,300 / $137.09ft (11/11/21) -Updated
4415Marshall St (3/2, 1176sqft, 5263sqft, 1997) – $119,300 / $101.19ft (06/24/2021) – Some updates
4404 Marshall St (3/2, 1275sqft, 7551sqft, 2008) – $130,000 / 101.92ft (01/12/2021) – Clean, original, may have had some updates
PENDING MLS COMPS

4625 Kemper St (3/2, 1132sqft) – $152k/ $134.27ft – Updated
RENTOMETER

4414 Kemper St (3/2, 1525sqft) – $1200
4425 Kemper St (3/2, 1268sqft) – $1295

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