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1802 38th Street

Lubbock, TX 79412
  • $82,500
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 202416555
UPDATED: 52 min ago
$82,500
  • 2
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,128
    SQFT
  • $73
    $/SQFT
Neighborhood:
2
Type:
Multi-Family
Built:
1943
County:
Area:
2

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect project for Investors or DIY enthusiasts Investor special with immense profit potential ($25,000 gross margins) Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1200-1400 per month market rent. Currently occupied until early next year! Cash or Hard money loan only.

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© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-02-07T23:58:50.787.
www.raftercrossrealty.com/homes/158484376
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1802 38th Street Lubbock, TX 79412

  • Price: $82,500
  • Status: Active
  • On Site: 65 Days
  • Updated: 52 min ago
  • MLS #: 202416555
2
Beds
2
Baths
0
½ Baths
0.15
Acres
1,128
SQFT
$73
$/SQFT
1943
Built
Neighborhood:
2
County:
Lubbock
Area:
2
Elementary School:
Bean
Middle School:
Slaton
High School:
Monterey
School District:
Lubbock Isd
Property Description
Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect project for Investors or DIY enthusiasts Investor special with immense profit potential ($25,000 gross margins) Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1200-1400 per month market rent. Currently occupied until early next year! Cash or Hard money loan only.
Exterior Features

Architectural Style [] Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Other Exterior Features [] Foundation Details [] Garage YN Yes Parking Features DetachedGarage Patio And Porch Features [] Pool Features [] Roof [] Spa Features [] Window Features Window Coverings

Interior Features

Above Grade Finished Area 1128 Appliances [] Basement [] Basement YN No Common Walls [] Cooling Central AirElectric Cooling YN Yes Flooring [] Heating CentralNatural Gas Heating YN Yes Interior Features [] Laundry Features [] Unit One Accessibility Features YN No Unit Two Accessibility Features YN No

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Community Features [] Door Features [] Fencing [] Green Energy Generation [] Listing Terms Cash Lot Features [] Other Equipment [] Other Structures [] PIDPUDNone Yes Property Condition [] Property Sub Type Duplex Road Frontage Type [] Road Surface Type Paved Security Features [] Sewer [] Special Listing Conditions Standard Tenant Pays [] Utilities [] Water Source [] Waterfront Features []

Listing provided courtesy of Stephen Bearden of Lubbock Discount Realty: 806-577-4677. Listing information © 2025 Lubbock Association of REALTORS® MLS.


© 2025 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-02-07T23:58:50.787.
 
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Rafter Cross Realty
822 South Main Street, P.O. Box 8
Lovington NM, 88260