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1937 E Colgate Street

Lubbock, TX 79403
  • $86,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 202561961
UPDATED: 44 min ago
$86,000
  • 3
    BEDS
  • 0.17
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,331
    SQFT
  • $65
    $/SQFT
Neighborhood:
1
Type:
Multi-Family
Built:
1961
County:
Area:
1

School Information

Elementary School:
High School:
School District:

Description

This asset is offered as part of a value-add investment portfolio of 18 Properties and stands out as a fully remodeled, turn-key opportunity. The home is a 3-bed, 1-bath brick residence on a corner lot, delivering instant appeal and low exterior maintenance. Previously leased at $1,300/month, this property already demonstrates premium rent potential in the neighborhood. With upgrades already completed, it reduces downside risk and provides immediate income. Located in Northeast Lubbock (in the 79403 area), this home benefits from a stable residential community with established infrastructure and proximity to local schools, shopping corridors, and convenient arterial access. This is ideal for investors seeking a lower-effort, income-yielding asset with strong rental comparables built in.

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© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-18T18:58:52.78.
www.theblurealty.com/homes/169012795
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1937 E Colgate Street Lubbock, TX 79403

  • Price: $86,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 44 min ago
  • MLS #: 202561961
3
Beds
1
Baths
0
½ Baths
0.17
Acres
1,331
SQFT
$65
$/SQFT
1961
Built
Neighborhood:
1
County:
Lubbock
Area:
1
Elementary School:
Alderson
Middle School:
Dunbar College Preparatory Academy
High School:
Estacado
School District:
Lubbock Isd
Property Description
This asset is offered as part of a value-add investment portfolio of 18 Properties and stands out as a fully remodeled, turn-key opportunity. The home is a 3-bed, 1-bath brick residence on a corner lot, delivering instant appeal and low exterior maintenance. Previously leased at $1,300/month, this property already demonstrates premium rent potential in the neighborhood. With upgrades already completed, it reduces downside risk and provides immediate income. Located in Northeast Lubbock (in the 79403 area), this home benefits from a stable residential community with established infrastructure and proximity to local schools, shopping corridors, and convenient arterial access. This is ideal for investors seeking a lower-effort, income-yielding asset with strong rental comparables built in.
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials Unknown Exterior Features [] Foundation Details Brick/Mortar Parking Features Driveway Patio And Porch Features [] Pool Features [] Roof Composition Spa Features [] Window Features []

Interior Features

Above Grade Finished Area 1331 Appliances [] Basement [] Common Walls [] Cooling Central Air Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring Vinyl Heating Central Heating YN Yes Interior Features [] Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Community Features [] Door Features [] Fencing [] Green Energy Generation [] Listing Terms CashConventionalPrivate Financing Available Lot Features [] New Construction YN No Other Equipment [] Other Structures [] PIDPUDNone Yes Property Condition Updated/Remodeled Property Sub Type Package Property Road Frontage Type City Street Road Surface Type Paved Security Features None Sewer [] Special Listing Conditions [] Tenant Pays All Utilities Utilities [] Water Source Public Waterfront Features []

Listing provided courtesy of Felicia Estrada of Keller Williams Realty: 806-771-7710. Listing information © 2025 Lubbock Association of REALTORS® MLS.


© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-11-18T18:58:52.78.
 
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Blu Realty | Better Homes and Gardens Real Estate
5602 114th Street
Lubbock TX, 79424