




$210,000
2503 24th Street, Lubbock, TX, 79410
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About this property
Solid 4-bedroom, 3-bath home with a carport and bonus sunroom — a versatile layout that tenants love and a proven performer in the Texas Tech rental market. This property previously rented at $2,200/month as a single unit, but the real upside is in the details. The home already has 2 separate meters and with a single doorway closure, can easily be converted into two independent units — a 3/2 and a 2/1 — dramatically increasing rental potential and giving an investor the flexibility to lease to two separate groups of tenants. Situated in the heart of Tech Terrace, students enjoy walkable access to coffee shops and a nearby grocery store, putting this property in one of Lubbock's most desirable student neighborhoods. We're early in the summer, giving an investor the perfect window to make the conversion, freshen it up, and have both units fully leased before the fall semester kicks off. The bones are there, the infrastructure is already in place — this one just needs someone to pull the trigger. Get in early, get it ready, and capture the fall rush. Priced to Sell, it won't last long!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lubbock
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