Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated?Info
Days36Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$38,000

1520 24th Place, Lubbock, TX, 79411

$49,400 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$24.36 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size6,500 sqft

Building Information

Year Built1947
Roof Type114

Land Information

APNR40716
Lot Number9
SubdivisionBurdett
Land UseResidential
Legal DescriptionBURDETT BLK 2 L 9
Census Tract001300
Assessed Land Value$1,000
Assessed Improvement Value$100,897
Assessment Year2025

About this property

This 3-bedroom, 2-bath home near Texas Tech offers strong potential for the right buyer. With a solid layout and desirable location, it needs renovation to restore its full appeal and value. Being sold as-is, this property is ideal for investors or buyers seeking a value-add opportunity. With the right vision and updates, it could become a profitable rental, flip, or long-term hold in a high-demand area close to campus.

Investor Tools

$0Estimated Mortgage Balance
$123,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$49,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month

Interested in this property?

Rigo Lopez

Progressive Properties

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,042
$101,897
2025
$1,000
$100,897
$101,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,042
$101,897

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$123,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
13.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1520 24th Place | Property Details | No Agent List