Description
Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.
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3BEDS
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0.17ACRES
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1BATHS
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01/2 BATHS
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1,331SQFT
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$75$/SQFT
School Ratings & Info
Description
Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.
© 2026 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: 2026-07-10T21:58:43.147.