Description
Welcome to 2005 61st St — a great opportunity whether you're looking for your next home or a strong addition to your investment portfolio. This property has been recently updated by the seller and is currently finishing up a make-ready, putting it in a position to be rent-ready or move-in ready very soon. With a projected market rent of approximately $1,100/month, it offers solid income potential in an area with consistent demand. What truly makes this property stand out is the pricing—offered at approximately 31% below its market value, giving buyers the chance to step into immediate equity and long-term upside. For investors, this is a clean, low-hassle opportunity to place a tenant quickly and start generating returns. For owner-occupants, it's a chance to own a home with updates already completed—without paying full market price. Whether you're looking for cash flow, equity, or a place to call home, this property offers a strong combination of value, flexibility, and opportunity.
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4BEDS
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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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$67$/SQFT
School Information
Description
Welcome to 2005 61st St — a great opportunity whether you're looking for your next home or a strong addition to your investment portfolio. This property has been recently updated by the seller and is currently finishing up a make-ready, putting it in a position to be rent-ready or move-in ready very soon. With a projected market rent of approximately $1,100/month, it offers solid income potential in an area with consistent demand. What truly makes this property stand out is the pricing—offered at approximately 31% below its market value, giving buyers the chance to step into immediate equity and long-term upside. For investors, this is a clean, low-hassle opportunity to place a tenant quickly and start generating returns. For owner-occupants, it's a chance to own a home with updates already completed—without paying full market price. Whether you're looking for cash flow, equity, or a place to call home, this property offers a strong combination of value, flexibility, and opportunity.
© 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: 2026-06-11T23:58:42.493.