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A+
NoAgentList RatingHow are grades calculated?Info
Days343Days on Market
Views4view
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$49,500

2639 Parkway Dr, Lubbock, TX, 79403

$64,350 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$34 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesOther
Lot Size8,101 sqft

Building Information

Year Built1957
Roof Type114
Garage Spaces1

Land Information

APNR130179
Lot Number1180
SubdivisionWilshire Park
Land UseResidential
Legal DescriptionWILSHIRE PARK L 141
Census Tract000902
Assessed Land Value$1,000
Assessed Improvement Value$95,024
Assessment Year2025

About this property

Looking for your next investment project or fixer-upper with amazing potential? This 3 bedroom, 1 bath, 1 car garage home is ready for someone with vision to bring it back to life! Located right across the street from a grocery store, you'll love the convenience this location offers. The home itself needs significant TLC, but with the right updates, it could be transformed into a cozy home or a profitable rental property. Featuring a functional layout, spacious bedrooms, and a generous backyard, there's plenty of space to work with to create something truly special. This property is priced to sell. Whether you're an investor looking for your next flip, or a buyer ready to roll up your sleeves and build instant equity, this opportunity is waiting for you.

Investor Tools

$0Estimated Mortgage Balance
$96,024Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$64,350
Rent-to-Value Ratio: 0.72%
Rent Estimate
$576 /month
Positive
Cash Flow Estimate:
$192 /month

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Coldwell Banker Trusted Adviso

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,744
$96,024
2025
$1,000
$95,024
$96,024
Yes (2011)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,744
$96,024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,024
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
17.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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