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$190,000

1901 28th Street, Lubbock, TX, 79411

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,679 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.92 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Exterior

Exterior FeaturesPrivate Yard
Lot Size15,400 sqft

Building Information

Year Built1929
Roof Type105

Land Information

APNR68972
Lot Number2
SubdivisionOneall Terrace
Land UseResidential
Legal DescriptionONEALL TERRACE BLK 2 L 1 & 2
Census Tract001402
Assessed Land Value$36,000
Assessed Improvement Value$156,042
Assessment Year2025

About this property

Investment opportunity! This home has tons of space, with over 2500 sqft, 4 bedrooms, and 3 full bathrooms. Located just a few blocks from Texas Tech, this would be a great student rental, Airbnb, or potential family home needing more space! Currently leased until June 30th 2026, and tenant will be vacating.

Investor Tools

$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Travis Turner

Brick & Loft Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,891
$192,042
2025
$36,000
$156,042
$192,042
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,891
$192,042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,000
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
8.7%

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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1901 28th Street | Property Details | No Agent List