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$412,500

1713 31st Street, Lubbock, TX, 79411

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths6 Bath
Baths5,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.2 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesExhaust Fan, Oven
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size21,000 sqft

Building Information

Year Built1949
Roof Type105
Garage Spaces792

Land Information

APNR71172
Lot Number8
SubdivisionOneall Terrace
Land UseResidential
Legal DescriptionONEALL TERRACE BLK 8 L 6 7 & 8
Census Tract001402
Assessed Land Value$40,000
Assessed Improvement Value$320,960
Assessment Year2025

About this property

Some homes tell a story. This one helped shape history. Built in the early 1940s and lovingly held by the original family since its construction, this historically significant Lubbock estate offers a rare opportunity to own a property rich in legacy, character, and timeless craftsmanship. With roots tied to a family whose influence reached beyond West Texas, this remarkable home stands as both a treasured residence and a meaningful piece of Lubbock history. Tucked beneath mature trees and set on an expansive property, the main residence spans approximately 3,369 square feet, where historic charm and thoughtful updates blend beautifully. Inside, every space tells a story. From the striking wood beam ceilings and dramatic architectural details in the den to custom built ins, rich hardwood flooring, and inviting gathering spaces, the home carries a warmth and authenticity that cannot be recreated. The formal dining room offers a true moment in time, featuring imported European wallpaper that quietly reflects the craftsmanship and elegance of another era. Meanwhile, the kitchen has been tastefully updated to complement modern living while honoring the home's original character. A beautifully renovated bathroom near the den and updated upstairs bathrooms provide refreshed comfort without sacrificing the integrity of the home's design. Beyond the main residence, the estate continues to impress with exceptional flexibility. A detached pool house efficiency of approximately 361 square feet includes a full bath, kitchenette, closet, and mini split system, creating endless possibilities for a studio, office, hobby space, or additional living area. An additional detached apartment of approximately 574 square feet includes washer and dryer connections and convenient alley access, offering valuable bonus space and versatility. Below, a generous 714 square foot basement provides abundant storage and functional space rarely found in homes of today. Outdoors, the property features an in-ground pool surrounded by mature landscaping and an expansive setting ready for restoration, entertaining, or quiet evenings under the West Texas sky. Properties like this are rarely offered. Rich in history, filled with character, and lovingly cared for by the same family for generations, this is more than a home, it is a legacy waiting for its next chapter.

Investor Tools

$0Estimated Mortgage Balance
$345,265Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,475 /month
Positive
Cash Flow Estimate:
$825 /month

Interested in this property?

Lainie Eilenberger

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,647
$345,265
2025
$40,000
$320,960
$360,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,647
$345,265

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$345,265
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,672/mo
N/A
+$1,672/mo
5.8%

City: Lubbock