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$140,000
Listing Price3beds
2baths
1,041sqft
7,950sqft lot
2506 40th St, Lubbock, TX 79413
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Welcome to 2506 40th Street, a versatile income-producing property in the heart of Lubbock! This gem features a 2 bed / 1 bath main house PLUS an efficiency apartment on the west side, giving you two rentable units on one lot. Steady Cash Flow Locked In - Both units are leased through July 2026, with the main house bringing in $1,000/mo and the efficiency unit at $500/mo. Thats $1,500/month guaranteed income from day one! Shared Backyard Space - Tenants enjoy a private, fenced backyard perfect for pets, BBQs, and downtime. Central Location - Quick access to Texas Tech, hospitals, and all the shopping/dining Lubbock has to offer, making this a high-demand rental year after year. Whether youre looking to expand your portfolio or snag your first investment property, this one checks every box: Dual income streams Leases in place until mid-2026 Prime central Lubbock location Dont wait properties like this move fast. Schedule your showing today and lock in your next investment win!
Interior Details
1041
3
2
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
Window A/c
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7950
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Asbestos
N/A
Hip
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,250
$6,000
$52,396
--%
$58,396
2019
$1,237
$6,000
$50,909
--%
$56,909
2018
$1,227
$6,000
$48,680
--%
$54,680
2017
$1,204
$6,000
$47,565
--%
$53,565
2016
$1,049
$3,900
$42,734
--%
$46,634
2013
$978
$3,900
$40,361
--%
$44,261
2013
$978
$3,900
$40,361
--%
$44,261
2012
$959
$3,900
$40,361
--%
$44,261
Average Home Price in 79413
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