3015 48th Street

Lubbock TX 79413

884 sq. ft.

7950 sq. ft.

Single-Family

John Thomasson, last sold this property on 26 May 2026 after 20 days on market.

Overview

Turnkey investment opportunity with immediate cash flow. This 2-bedroom, 1-bath home is currently tenant-occupied at $950/month, offering instant income from day one. The long-term tenant has occupied the property for over 30 years and has maintained it in exceptionally clean, well-kept condition—something rarely found in rental properties. Pride of occupancy shows throughout. Major recent update includes a fully replaced garage system with new motor, track, and door, reducing near-term maintenance concerns. Situated on a large lot with a spacious backyard, this property offers additional upside potential for future improvements, expansion, or increased rental value. Whether you're looking to add a stable performer to your portfolio or secure a low-maintenance entry into investing, this is a strong, proven asset with built-in reliability.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

884 sq. ft. floor area

7950 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Lubbock over the last 12 months, the estimated median property value of 3015 48th Street is $0.

Median value

Estimated value range

$0 - $0

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Lubbock. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3015 48th Street

2026

Sold

Undisclosed

26 May 2026 by John Thomasson, of Keller Williams Realty

Happy sellers in Lubbock

We have insufficient information to provide an overview of customer satisfaction for Lubbock. Viewing the agent profiles, reviews and sales for Lubbock can provide insights for this location.