Lubbock - Key and Slate Real Estate Group
1/14
Listing Courtesy Of: Keller Williams Realty, Dianna Romans
Local Realty Services Provided By: Keller Williams Realty
Overview
What It'll Cost
Neighborhood
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$189,500
3815 25th Street, Lubbock, TX 79410
4 Beds
2 Baths
1,403 sq ft
.17 ac
$189,500

3815 25th Street, Lubbock, TX 79410

Estimation provided by Keller Williams Realty Inc.
4 Beds
2 Baths
1,403 sq ft
.17 ac
Active
For Sale

Property Description

Location, Location, Location: Being situated in the TTU and the Medical District places these properties in a high-demand rental market. Proximity to Texas Tech University and the medical facilities ensures a consistent pool of potential tenants or property can be sold separately perfect for first-time buyers looking for a place to call home.
Fully Leased: Immediate cash flow is a major plus. No need to worry about vacancies and lease-up periods. The properties are already generating income from day one.
Well-Maintained and Updated: Classic Charm: Original hardwood flooring, adding warmth and character; updated aesthetic and manageable size. The property(s) are in good condition, potentially reducing future maintenance costs and attracting higher-quality tenants.
Discounted Price: The 2.5% discount for a portfolio purchase of all 7 properties (3815 25th Street, 4117 33rd Street, 2708 24th Street, 2207 23nd Street, 1924 21st Street, 4118 30th Street and 2312 15th Street sold individually at $1,476,500.00) represents a substantial saving, effectively lowering the overall investment cost. Financial overview: Gross Potential Rent: The current monthly lease revenue of $12,355 translates to an annual potential rent of $148,260. Discounted Purchase Price: Taking advantage of the 2.5% discount reduces the total purchase price to $1,439,500.00 ($37K Savings). Bring all offers! Potential Return: While we don't have all the expense information, these figures allow you to calculate a preliminary gross rental yield, which can help assess the potential return on investment.

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
1,403 sq ft
Year Built
1954
Days on Site
41 Days
HVAC
Central, Natural Gas, Central Air, Ceiling Fan(s)
Parking
No
Key and Slate Real Estate Group
Lubbock
0494693

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $189,500
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$0 (0%)
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
03/12/2025
Price Decrease
$189,500
(-2.82%)
02/10/2025
Listed
$195,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$2,233
(-0.53%)
$120,127
Land 10,980 + Additions 109,147
2022
$2,245
(+5.72%)
$110,895
Land 10,980 + Additions 99,915
2021
$2,124
(+17.74%)
$99,837
Land 10,980 + Additions 88,857
2020
$1,804
(-21.58%)
$90,028
Land 10,980 + Additions 79,048
2019
$2,300
(+1.5%)
$102,445
Land 10,980 + Additions 91,465
2018
$2,266
$100,797
Land 10,980 + Additions 89,817
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Key and Slate Real Estate Group
Lubbock
0494693

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