2411 Cedar Avenue

Lubbock TX 79404

986 sq. ft.

7000 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Turnkey, income producing investment property! This well maintained 3 bedroom, 1 bath home offers approximately 1,000 sqft of living space on a large lot with a spacious backyard. With major updates already completed, this is an ideal low-maintenance rental for both new and experienced investors . Recent improvements include: New 200-amp electrical service with updated breaker box and meter base. New PEX water lines and PVC sewer line throughout the interior and exterior of the home. Original hardwood floors professionally stained with tile throughout. No carpet for easy maintenance and lower turnover cost! Bronze aluminum windows. Fresh interior paint. New water heater (2024), Central heat and air (2021), Roof replaced (2022), New light fixtures and ceiling fans throughout. Attractive brick mailbox for added curb appeal. The sale includes a stainless steel stove and refrigerator. The property is currently tenant occupied and leased through March 2027 at $1,150 per month providing immediate rental income from day one. This is a true turnkey investment that easily meets the 1% rule while offering a reliable, low maintenance addition to any rental portfolio. Purchase today and start collecting rent on the first!

Features

3 bedrooms

1 bathroom

986 sq. ft. floor area

7000 sq. ft. lot size

Single-Family

Property history for 2411 Cedar Avenue

2022

Sold

Undisclosed

14 Jan 2022 by Ella Glover, of Amicus Realty

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