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$139,900

2131 S Loop 289, Lubbock, TX, 79423

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,905 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$73.44 / sqft
Year BuiltBuilt in 1959

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
FlooringHardwood

Exterior

Exterior FeaturesPrivate Yard

Building Information

Garage Spaces2

About this property

Duplex in south Lubbock--live in one, rent the other This is a great setup if you've been thinking about owning instead of renting. Live in one side and have the other help cover your payment, or hold both as an investment over time. Each side is 2 bed/1 bath, giving you 4 bedrooms and 2 bathrooms total, plus two full kitchens. One unit has been refreshed with hardwood floors, new paint, updated bathroom, and new lighting. The other side is currently leased to a long-term tenant at $550/month, providing immediate income. There's a clear path here to improve the second unit over time and increase overall rental potential. Located in south Lubbock with direct access to Loop 289 for easy connectivity across town.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

Interested in this property?

Stuart Bartley

Taylor Reid Realty

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Financing Details

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

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.

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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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2131 S Loop 289, Lubbock, TX 79423 | Property Details | No Agent List