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Days182Days on Market
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$485,000

1501 19th Street, Lubbock, TX, 79401

On MarketInfo
CommercialInfo
Baths1,248 Sq Ft
Mixed UseMixed Use
price_per_sqft$388.62 / sqft
Year BuiltBuilt in 1954

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size9,880 sqft

Building Information

Year Built1954
Garage Spaces1248

Land Information

APNR104739
Lot Number2
SubdivisionMyrick
Land UseCommercial
Legal DescriptionMYRICK BLK 2 L 1 & 2
Census Tract001300
Assessed Land Value$19,760
Assessed Improvement Value$36,801
Assessment Year2025

About this property

Great property located right off 19th Street. Plenty of traffic throughout the day makes this great for a variety of businesses. It has been used for a Shaved Ice business, a Beer & Wine place, and a Car Dealership. This property features a fence that surrounds the entire lot which is great for security. It also has a newer grease trap, a walk in freezer, and a kitchen with sinks only. The roof is only 7 years old as well. Close to Downtown Lubbock, and Texas Tech this is a prime location for a successful business. Come and see it today!

Investor Tools

Property Icon
$56,561
Estimated Property Value
$0Estimated Mortgage Balance
$56,561Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Collen Melton

Brick & Loft Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,022
$56,561
2025
$19,760
$36,801
$56,561
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,022
$56,561

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$56,561
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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1501 19th Street | Property Details | No Agent List