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$110,000

1613 29th St, Lubbock, TX, 79411

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,151 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$51.14 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size8,400 sqft

Building Information

Year Built1948
Roof Type114

Land Information

APNR25889
Lot Number70
SubdivisionEdwards Sub (Mccrummen 2nd)
Land UseResidential
Legal DescriptionEDWARDS SUB BLK 2 L 7
Census Tract001300
Assessed Land Value$1,200
Assessed Improvement Value$63,125
Assessment Year2025

About this property

1613 29th St is a duplex featuring a spacious 3-bedroom, 2-bathroom front unit and a 1-bedroom, 1-bathroom rear unit, offering an excellent opportunity for an investor seeking multiple income-producing units. The front unit currently rents for $1,100 per month, while the rear unit brings in $600 per month, for a combined rental income of $1,700 per month. With two separate units and a mix of bedroom and bathroom configurations, the property provides flexibility for a variety of rental strategies. 1613 29th St is a great addition to an investment portfolio with established rental income already in place.

Investor Tools

$0Estimated Mortgage Balance
$89,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,138
$64,325
2025
$1,200
$63,125
$64,325
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,138
$64,325

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$89,000
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
19.2%

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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1613 29th St | Property Details | No Agent List