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$407,000

12002 Iola Drive, Lubbock, TX, 79424

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,373 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.51 / sqft
Year BuiltBuilt in 2026

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Double Oven, Microwave
FlooringCarpet, Luxury Vinyl

Exterior

Exterior FeaturesPrivate Yard

Building Information

Garage Spaces2

About this property

Buy NOW and get up to $14,000 Use-It-Your-Way Cash + a 4.99% interest rate with Revolution Mortgage if you close before August 15, 2026! This is only available for FHA and VA loans with no down payment assistance. A beautiful 4-bedroom, 3-bath home with a 2-car garage featuring a stunning brick exterior, grand archways, and a welcoming front porch. Inside, enjoy luxury vinyl plank flooring and an open-concept layout perfect for modern living. The kitchen boasts granite or quartz countertops, a large island with bar seating, stainless steel appliances, double oven, built-in microwave cabinet, and a spacious pantry. The living area is anchored by a cozy brick fireplace, while an oversized utility room adds extra convenience. Relax in the private master suite with a garden tub, walk-in shower, dual vanities, and a large walk-in closet. A separate guest suite with its own bath offers added privacy. Step outside to a covered back patio--perfect for entertaining or unwinding.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

Interested in this property?

Hillary Martin

Avenue Real Estate

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Financing Details

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

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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12002 Iola Drive, Lubbock, TX 79424 | Property Details | No Agent List