$156,071
3417 Avenue S, Lubbock, TX, 79412
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Calling all investors and contractors! This 3 bedroom, 1 bathroom property with a 1 bed efficiency is just 7 minutes from Texas Tech, and it just needs someone who can make it shine. This property performs well beyond the 1% rule! Key Features: Spacious kitchen great natural lighting beautiful rock accent interior Newly renovated bathroom Roof in great condition Big backyard Fixer-upper in need of some tender loving care (TLC) Sold as-is, offering a blank canvas for your creative vision Perfect project for contractors or DIY enthusiasts Investor special with immense profit potential ($45,000-$65,000 gross margins) Ideal for landlords looking to expand their portfolio This home has great potential as a rental property for $1800 - $2000 per month market rent. Currently vacant and ready for improvement! With its location near Texas Tech and ample room for improvement, this property is a great opportunity to maximize returns.
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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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