$130,000

5006 42nd Street, Lubbock, TX 79414

2 beds |
1 bath |
1,056 sqft

Single-Family Home
Built in 1955
7,841sqft lot
1 car garage
$123/sqft
Listed 8 days ago

Property Description

Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. *It is currently rented for $,1250 a month until March 26th, 2026.

Listing Status:: Active
Date Added:: December 2, 2025 at 06:00AM
Listing Office:: Keller Williams Realty : 806-771-7710
Listing Agent:: Cole Whisenhunt : 806-438-7987
MLS ID:: 202563658

General: Ceiling Fan(s)Formica Counters
Appliances: CooktopOven
Laundry: Laundry Room
Flooring: HardwoodTile
A/C: Central AirElectric
Heating: CentralNatural Gas

General: Private Yard
Style: Traditional
Parking: AttachedGarage

Roofing: Composition
General: StoneVinyl SidingSlab

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

Zoning: Evans Blk 6 L 18R52672

Source: Lubbock Association of REALTORS®

This listing courtesy of Cole Whisenhunt, Keller Williams Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Stewart Elementary School

4815 46th St, Lubbock, TX, 79414

Grades PK-5

0.36 miles away

Irons Middle School

5214 79th St, Lubbock, TX, 79424

Grades 6-8

2.33 miles away

Coronado High School

4910 29th Dr, Lubbock, TX, 79410

Grades 9-12

0.64 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.