Description
This asset is offered as part of a value-add investment portfolio of 18 properties and offers a stable cashflow foundation with upside potential. It is a 2-bed, 1-bath house currently rented for $650/month, with a tenant who reliably pays on time. The property was recently improved by the current owner (roof replaced in 2021), and several minor updates have kept it functional and rentable. With further enhancements (cosmetics, finishes, systems), there's clear room to boost rent and value. Located in the Bayless-Atkins / Vandelia Village area of south Lubbock, this neighborhood features mid-century ranch homes, mature landscaping, local parks, and access to established schools (Bayless Elementary, Atkins Middle, Monterey High). This is a strong "core + upside" acquisition in the portfolio low vacancy risk today, with value-add potential for tomorrow.
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2BEDS
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0.18ACRES
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1BATHS
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01/2 BATHS
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1,198SQFT
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$63$/SQFT
School Information
Description
This asset is offered as part of a value-add investment portfolio of 18 properties and offers a stable cashflow foundation with upside potential. It is a 2-bed, 1-bath house currently rented for $650/month, with a tenant who reliably pays on time. The property was recently improved by the current owner (roof replaced in 2021), and several minor updates have kept it functional and rentable. With further enhancements (cosmetics, finishes, systems), there's clear room to boost rent and value. Located in the Bayless-Atkins / Vandelia Village area of south Lubbock, this neighborhood features mid-century ranch homes, mature landscaping, local parks, and access to established schools (Bayless Elementary, Atkins Middle, Monterey High). This is a strong "core + upside" acquisition in the portfolio low vacancy risk today, with value-add potential for tomorrow.
© 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: 2025-11-08T23:58:43.727.