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$149,900

2731 79th St, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,590 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.28 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size7,620 sqft

Building Information

Year Built1978
Roof Type105
Garage Spaces2

Land Information

APNR119987
Lot Number1720
SubdivisionGatewood
Land UseResidential
Legal DescriptionGATEWOOD L 172
Census Tract002102
Assessed Land Value$15,000
Assessed Improvement Value$189,887
Assessment Year2025

About this property

Finding a 3-bedroom, 2-bath brick home with a 2-car garage for under $150,000 isn't an opportunity you see every day! If you're looking for a home improvement project where you can bring your own vision to life, this Lubbock property deserves a closer look. With approximately 1,590 square feet, this home offers plenty of space to work with. The living room features a beamed ceiling and great natural light, while the spacious, isolated primary suite includes its own private bathroom. Two additional bedrooms offer generous space and good closet storage. Outside, the large backyard provides room to create an outdoor space that fits your plans, and the storm cellar is a valuable added feature. This home is ready for someone willing to take on a renovation project. But that's also where the opportunity begins. Rather than paying for someone else's decorating choices, you have the chance to make the improvements and finishes your own. Whether you're looking for a personal renovation project or an investment opportunity, finding this much space in a brick home with a 2-car garage at this price point makes it worth considering. Bring your ideas, take a look, and see what you could make of it!

Investor Tools

$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

Interested in this property?

Gary Owen

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$533
$187,915
2025
$15,000
$189,887
$204,887
No

Tax History

Year
Tax Paid
Assessed Value
2025
$533
$187,915

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
9.2%

City: Lubbock

2731 79th St | Property Details | No Agent List