5011 42nd Street, Lubbock, TX 79414
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5011 42nd Street, Lubbock, TX 79414
5011 42nd Street, Lubbock, TX 79414
5011 42nd Street, Lubbock, TX 79414
5011 42nd Street, Lubbock, TX 79414
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Jacobe Kendrick

Jacobe Kendrick

+1(432) 203-5655
$ 165,000
Est. payment /mo
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5011 42nd Street Lubbock, TX 79414

3 Beds

2 Baths

1,407 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,407 sqft

Price per Sqft $117

MLS Listing ID 202614171

Bedrooms 3

Full Baths 2

Year Built 1959

Annual Tax Amount $2,477

Lot Size 7,560 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

Source Lubbock Association of REALTORS®

Property Description

Loudermark Rentals represents a methodically assembled portfolio of 25 properties — 35 total rentable doors — across Lubbock, Texas. Every unit is currently rented and cash-flowing. These are well-maintained, tenant-occupied homes and units with established rental histories in a supply-constrained secondary market. This is not a collection of distressed assets or a value-add project in search of an operator: it is a stabilized, professionally managed portfolio ready to transfer income on day one, offered at $4,200,000.

Location

State TX

County Lubbock

Area 3

Rooms

Basement Basement

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Exterior Feature Other

Parking Features Attached, Garage, See Remarks

Garage Spaces 1.0

Garage Description 1.0

Fence Back Yard

Roof Type Composition

Garage Yes

Building

Story 1

Foundation Pillar/Post/Pier

New Construction No

Schools

School District Lubbock Isd

Others

Tax ID R72530

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Listed by Reside Real Estate Co.

NEARBY SCHOOLS & PROPERTIES

Jacobe Kendrick

Jacobe Kendrick

Team Lead/Agent License ID: 653934

+1(432) 203-5655

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5011 42nd Street