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Days47Days on Market
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$149,000

1724 E 2nd Street, Lubbock, TX, 79403

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.97 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDisposal, Electric Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesNone
Lot Size7,246 sqft

Building Information

Year Built1960
Roof Type114

Land Information

APNR63016
Lot Number220
SubdivisionMackenzie Terrace
Land UseResidential
Legal DescriptionMACKENZIE TERR L 44 & E2.7'OF 43
Census Tract000902
Assessed Land Value$1,000
Assessed Improvement Value$94,810
Assessment Year2025

About this property

Unlock the potential in this very nice & well-maintained three-bedroom, two & a half bath, two car carport home situated on a corner lot. The carport has a storage room for miscellaneous tools or lawn equipment. You will love the extra-large mater bedroom with oversized walk-in closet & the other bedrooms are nice sized. The backyard has plenty of space with a new privacy fence for entertainment options. Income producing property with a long-term tenant in place. This house would be perfect for first time home buyers, empty nesters or investors.

Investor Tools

$0Estimated Mortgage Balance
$95,810Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,740
$95,810
2025
$1,000
$94,810
$95,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,740
$95,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$95,810
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
17.8%

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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1724 E 2nd Street | Property Details | No Agent List