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$1,500

3809 40th Street, Lubbock, TX, 79413

On MarketInfo
Just AddedInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,482 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size9,751 sqft

Building Information

Year Built1955
Roof Type105
Garage Spaces2

Land Information

APNR100457
Lot Number5
SubdivisionSunny Hill
Land UseResidential
Legal DescriptionSUNNY HILL BLK 15 L 5
Census Tract001905
Assessed Land Value$33,000
Assessed Improvement Value$150,262
Assessment Year2025

About this property

Discover your new home in the heart of Lubbock, TX! This charming 1,482 square foot residence, built in 1955, offers a perfect blend of vintage character and modern convenience. With three spacious bedrooms and two bathrooms, this rental provides ample space for relaxation and productivity. Enjoy the convenience of included appliances, featuring a refrigerator, washer, and dryer, making everyday tasks a breeze. The attached garage offers secure parking and additional storage options. This rental is pet-friendly for 1 canine only, allowing you to bring your furry companion along for the journey. $300 fee. Please note that smoking is not permitted within the property. Experience the charm of a classic Lubbock home with modern amenities-schedule a viewing today and see for yourself why this rental is the perfect choice for your next chapter!

Interested in this property?

Lia Irvin

Condor Property Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,093
$144,946
2025
$33,000
$150,262
$183,262
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,093
$144,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Fha
$87,289
Yes
First
Feb 26, 2015
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,694
$85,306
56%
44%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
13.3%

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.

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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