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$243,000

NAL Estimated Property Value

3316 37th Street, Lubbock, TX, 79413

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.98 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Range, Microwave, Oven
FlooringConcrete, Hardwood, Tile

Exterior

Exterior FeaturesLighting, Private Yard, Rain Gutters, Storage
Lot Size9,750 sqft

Building Information

Year Built1953
Roof Type105
Garage Spaces2

Land Information

APNR34518
Lot Number120
SubdivisionSnow Place
Land UseResidential
Legal DescriptionSNOW PLACE BLK 1 E45'OF L 12 & W30'OF L 13
Census Tract002001
Assessed Land Value$25,000
Assessed Improvement Value$136,208
Assessment Year2025

About this property

Charming, spacious and meticulously maintained, this close to campus home checks off all of the boxes. Conveniently located in the Monterey neighborhood, this home has easy access to walkable tree-lined streets, wide sidewalks, Tech Terrace, breweries, restaurants, shopping and more. This central Lubbock gem welcomes you with a roomy front covered porch, illuminating exterior lighting and freshly painted and sealed trim including garage doors. Inside, you'll find thoughtful updates paired with classic details such as original brass hardware, pocket doors, hardwood floors and a Tiffany pendant light that perfectly preserve the homes timeless character. The front living area offers ample space with options for a tv room, formal dining room or family room. In the second living area, a cozy brick fireplace, unique built-in shelves and corner windows showcase the nostalgic aura of this home. The kitchen invites you in with its rich wood cabinets, granite countertops, and open space to host and entertain. A versatile bonus space offers endless possibilities for an extra bedroom, office, playroom or hobby room to fit your lifestyle needs. Both bedrooms are generously sized with spacious layouts, windows that brighten the room and closets that provide plenty of storage. The primary suite offers a full-size bathroom with a walk-in shower while the guest bathroom features a large soaking tub and separate shower. Outside, you'll love the relaxing covered patio, expansive yard, attractive privacy fencing and workshop. The workshop adds even more space and functionality, ideal for projects, storage, a home gym, or a personal creative space of your choice. This home gives you charm, comfort, plenty of personality, yet remains practical for everyday living. With a fully furnished purchase option this is truly a move-in ready, turn-key opportunity.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$150,888Estimated Mortgage Balance
$92,112Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,852
$161,208
2025
$25,000
$136,208
$161,208
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,852
$161,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Conventional
$164,000
No
First
Mar 8, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,888
$92,112
37%
62%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,190/mo
$984/mo
+$206/mo
5.9%

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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3316 37th Street | Property Details | No Agent List