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Days9Days on Market
Views1view

$50,000

1924 20th St, Lubbock, TX, 79411

$65,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,729 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1929

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling

Exterior

Lot Size8,250 sqft

Building Information

Year Built1929

Land Information

APNR55426
Lot Number70
SubdivisionSouthwell Place
Land UseResidential
Legal DescriptionSOUTHWELL PL BLK 1 L 7
Census Tract001402
Assessed Land Value$25,000
Assessed Improvement Value$34,000
Assessment Year2025

About this property

Build your vision on this exceptional vacant lot located in the heart of Lubbock! Situated at 1924 20th Street, this property offers a fantastic opportunity for builders, investors, or anyone looking to create a custom home in an established area. With ample space to bring your ideas to life, this lot provides the flexibility for new construction while being conveniently located near Texas Tech University, downtown, local parks, shopping, dining, and major roadways. Its central location makes it an excellent option for a primary residence, rental property, or future investment. Whether you're ready to build now or secure land for future development, this property offers outstanding potential in one of Lubbock's most convenient locations. Don't miss this opportunity to own a piece of Lubbock and bring your next project to life.

Investor Tools

Property Icon
$152,000
Estimated Property Value
$0Estimated Mortgage Balance
$152,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$65,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

Interested in this property?

Michael Norsworthy

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,044
$59,000
2025
$25,000
$34,000
$59,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,044
$59,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$152,000
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
11.3%

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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1924 20th St | Property Details | No Agent List