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$120,000

Listing Price

2beds

2baths

920sqft

5,040sqft lot

6313 23rd St, Lubbock, TX 79407

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

130.43

Price / sqft

1998

Year built

Home Details

This 2-bedroom, 2-bath brick home at 6313 23rd St in Lubbock is a standout rental investment! Currently leased at $950/month through May 2024, this 920 sq ft property generates $11,400 in annual rental incomeoffering a 9.5% CAP Rate and ROI. With a low-maintenance layout, single-car garage, lots of off-street parking, in the popular Frenship ISD -- this property currently has a reliable tenant in place and is ready to start cash flowing from day one. Located just minutes from Texas Tech and local amenities, this area draws consistent rental demand. Priced competitively under market value, it offers built-in equity and strong performance potential. Whether you're a new or seasoned investor, this property is part of a rare 6-property portfolio package also featuring 6315 24th St, 6210 22nd St, 6212 22nd St, and duplexes at 4423 & 4425 31st St. Buy individually or as a complete set to scale your rental income instantly!

Interior Details

Square Feet
  • 920

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5040

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Other (not Classified)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,493

$3,500

$58,267

--%

$61,767

2019

$1,519

$3,500

$59,043

--%

$62,543

2018

$1,634

$3,500

$61,871

--%

$65,371

2017

$1,400

$3,500

$52,463

--%

$55,963

2016

$1,523

$1,750

$59,064

--%

$60,814

2014

$1,428

$1,750

$55,202

--%

$56,952

2013

$1,426

$1,750

$55,852

--%

$57,602

2012

$1,416

$1,750

$56,502

--%

$58,252

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Average Home Price in 79407

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
120,000
$
Down payment
24,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
720
$
HOA (Monthly)
0
$
PMI
0
$
$777
Your Payment
Total Monthly Payment:$777
Percent of Income:13%
Affordable:Yes

Details for 6313 23RD ST

Property Debt

Foreclosure Contact Details