$132,000

1926 38th Street, Lubbock, TX 79412

  • 3 beds |
  • 1 bath |
  • 1,190 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $111/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Turnkey investment with immediate income in place. This 3 bedroom, 1 bathroom, 1 car garage home is currently tenant-occupied through September, providing built-in cash flow from day one. The property meets the highly sought-after 1% rule, a rarity in today's market, making it an attractive addition for investors looking for strong numbers over speculation. Whether you're expanding your portfolio or securing a reliable first rental, this property offers proven performance and a smooth transition of ownership.

Listing Status:
Active
Date Added:
February 24, 2026
Data Last Updated:
March 3, 2026 at 7:40AM
Listing Office:
WestMark Companies : 806-794-6000
Listing Agent:
Jason Gonzales : 432-294-2169
MLS ID:
202602431
  • General: Ceiling Fan(s)Formica Counters
  • Appliances: Free-Standing Range
  • Flooring: Vinyl
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • General: None
  • Parking: AttachedDrivewayGarage
  • Roofing: Composition
  • General: Wood SidingPillar/Post/Pier
  • Road/Access: City Street
  • Originating MLS: Lubbock Association of REALTORS®
  • County: Lubbock
  • Zoning: Raymond Hts Blk 3 L 14R108518
  • Fencing: Back YardWood
  • Utilities: Electricity Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Lubbock Association of REALTORS®

This listing courtesy of Jason Gonzales , WestMark Companies

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brown Elementary School

2315 36th St, Lubbock, TX, 79412

Grades PK-5

0.47 miles away

S

Slaton Middle School

1602 32nd St, Lubbock, TX, 79411

Grades 6-8

0.55 miles away

M

Monterey High School

3211 47th St, Lubbock, TX, 79413

Grades 9-12

1.60 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.

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