$299,000

1511 E Amherst Street, Lubbock, TX 79403

3 beds |
2 baths |
1,303 sqft

Single-Family Home
Built in 1966
7,405sqft lot
—— car garage
$229/sqft
Listed 1 month ago

Property Description

Discover a remarkable income-producing property that meets the 1% rule! This investment property is part of a three property package deal. This particular property features 3 bedrooms 2 bath with a nice sized yard. Located minutes from Mackenzie Park and I-27. Currently rented at $999 a month it has a cash flow and long-term tenants whose lease runs through June 2027. New roof March 2023; and new stove and water heater May 2025. Package deal consists of two other properties 2422 30th Street Lubbock, TX 79411 and 3708 Elgin Avenue Lubbock, TX 79413. All sold AS-IS.

Listing Status:: Active
Date Added:: January 31, 2026
Data Last Updated:: March 3, 2026 at 4:39PM
Listing Office:: WestMark Companies : 806-794-6000
Listing Agent:: Albert Ramirez : 806-794-3300
MLS ID:: 202601369

General: Built-in FeaturesBookcasesCeiling Fan(s)Open FloorplanFormica Counters
Appliances: Electric OvenElectric Range
Laundry: Electric Dryer HookupWasher Hookup
Flooring: Vinyl
A/C: Central AirCeiling Fan(s)Electric
Heating: CentralElectric
Fireplace: Living RoomMasonryFireplaceFireplaces: 1

General: Private Yard
Parking: ConcreteDriveway

Roofing: Other
Windows: Blinds
General: BrickUnknownSlab

Road/Access: City Street
Originating MLS: Lubbock Association of REALTORS®
County: Lubbock

Zoning: Mackenzie Manors L 179R60497
Fencing: Back YardFencedWood

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Lubbock Association of REALTORS®

This listing courtesy of Albert Ramirez , WestMark Companies

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Alderson Elementary School

219 Walnut Ave, Lubbock, TX, 79403

Grades PK-5

0.55 miles away

Dunbar College Preparatory Academy

2010 E 26th St, Lubbock, TX, 79404

Grades 6-8

2.00 miles away

Estacado High School

1504 E Itasca St, Lubbock, TX, 79403

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.