About this property

Investment opportunity at 2216 27th Street in Lubbock. This unique property features two dwellings, including a front house offering 2 bedrooms and 1 bathroom, and a 480 square foot backhouse with 1 bedroom and 1 bathroom—providing excellent flexibility and additional income potential. The front house is currently leased at $625 per month through January 13, 2027, delivering immediate and consistent cash flow for investors. Both homes offer functional layouts with comfortable living spaces, including welcoming living areas, practical kitchens, and well-sized bedrooms. The property's central location provides convenient access to Texas Tech University, medical facilities, shopping, and dining, making it highly desirable for tenants. With a long-term tenant already in place and the added value of a second unit, this is a strong opportunity to own a stabilized asset with upside potential. Priced at $155,000, this property combines current income with future growth—don't miss your chance to secure a versatile investment in a high-demand rental area.