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$170,000

3119 27th St, Lubbock, TX, 79410

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.12 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Range, Free-Standing Range, Range Hood
FlooringCarpet, Hardwood, Laminate, Tile

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters, Storage
Lot Size7,950 sqft

Building Information

Year Built1949
Roof Type105
Garage Spaces2

Land Information

APNR108172
Lot Number10
SubdivisionPhillips
Land UseResidential
Legal DescriptionPHILLIPS BLK 5 L 10
Census Tract001502
Assessed Land Value$35,150
Assessed Improvement Value$224,368
Assessment Year2025

About this property

Prime Tech Terrace Location! Just moments from Texas Tech University, the Medical District, specialty shops, and local parks, this home offers an opportunity to make your mark in one of Lubbock's most desirable neighborhoods. Wagner Park and Tech Terrace Park are just steps away! Situated on a corner lot with additional parking, this 2-bedroom, 1-bath home features two living areas, two dining areas, and a 2-car garage. The updated kitchen boasts granite countertops and a tile backsplash, while maintenance-friendly siding, a metal roof, and rain gutters help simplify exterior upkeep. A backyard workshop provides extra storage or space for your projects. Ready to put on your Joanna Gaines hat? With a little elbow grease, vision, and creativity, you can transform this home into a showpiece. Consider the possibilities of adding a bedroom and bathroom to create even more space and value. Whether you're looking for a home near campus, an investment opportunity, or a property to make your own, this Tech Terrace gem is full of potential! This home is FOR SALE ONLY - Any marketing for Rent is False.

Investor Tools

$0Estimated Mortgage Balance
$245,774Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,475 /month
Positive
Cash Flow Estimate:
$492 /month

Interested in this property?

Shelie Williams

TODAY Realty, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$576
$245,774
2025
$35,150
$224,368
$259,518
No

Tax History

Year
Tax Paid
Assessed Value
2025
$576
$245,774

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,774
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
N/A
+$1,990/mo
9.7%

City: Lubbock

3119 27th St | Property Details | No Agent List