




$173,160
NAL Estimated Property Value3015 55th Street, Lubbock, TX, 79413
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Now available for sale this 3 bedroom, 2 bathroom home with 1-car garage in Leftwich Monterey Heights. The spacious 1,640 sf home features vaulted ceiling in the living area, a sun room and updated vinyl plank flooring. A great investment property with 20 years of the same tenant at below market rate of $1,115/mo. Lease expires July 2026. Close to the university and to medical district and is priced to sell. There are minor updates needed to make this home one to call a home-run purchase. ARV Estimated at $165k range and mostly deferred maintenance due to long term tenancy. HVAC replaced in the last 10 years.
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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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