2627 E Cornell Street

Description

Welcome to 2627 E Cornell — a great opportunity for investors looking for a performing property with built-in upside. This home is currently occupied by a long-term tenant, providing immediate stability and consistent occupancy. The property is currently under-rented, offering a clear opportunity to increase returns with a light cosmetic refresh. The home is in overall stable condition with no major repairs needed, making it an ideal candidate for improvements that can quickly bring rents up to market levels—without the need for a full renovation. Located in the Parkway/Cherry Point area of East Lubbock, this property sits in a rental market known for affordability and steady demand, making it a reliable option for long-term holds. Priced at approximately 85% of market value, this is a strong opportunity to step into a property that already performs, with the ability to maximize cash flow over time. Whether you're expanding your portfolio or looking for a manageable value-add investment, this one offers a solid combination of stability, flexibility, and future upside.