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706 29th Street

Lubbock TX 79404

3
1
1164 sq. ft.
6250 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Welcome to 706 29th St — a solid investment opportunity in an established Central Lubbock neighborhood known for consistent rental demand. This property is currently leased at $750/month, with a long-term tenant who would like to remain, offering immediate and reliable income from day one. For investors looking for stability, it doesn't get much more straightforward than this. Even better, the property is priced at approximately 72% of its market value, creating a built-in equity position with room for future appreciation. Located just minutes from Texas Tech University and downtown Lubbock, this area continues to attract tenants due to its convenience, accessibility, and affordability. It's a proven rental pocket with ongoing demand. Whether you're looking to expand your portfolio with a low-maintenance rental or secure a property with strong fundamentals, this one checks the boxes: cash flow, tenant stability, and below-market pricing. Opportunities like this—occupied, performing, and priced right—don't last long.

Features

3 bedrooms
1 bathroom
1164 sq. ft. floor area
6250 sq. ft. lot size
Single-Family

Happy sellers in Lubbock

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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.

Local market activity for 3 bedroom single-family properties in Lubbock

In the last 12 months, 54 three-bedroom single-family properties similar to 706 29th Street, have been sold.

This represents a 33% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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