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    523 39Th St Lubbock, TX 79404

    New
    Picture of Single family properties at 39Th St 523, Lubbock, TX
    For Sale
    $69,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    696 SF
    Lot size:
    0.15 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 523 39Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 1
    Bedrooms
    2
    Bathrooms
    1
    APN
    R90802
    Parking features
    Driveway
    Size
    696 SF
    Lot size
    0.15 Acres

    Building Details

    Year built
    1927

    Keller Williams Realty (806) 771-7710 [email protected]

    Listing agent Felicia Estrada (210) 274-1825 License #0673783

    Listing date Dec 3, 2025

    MLS# 202561971 Listing URL

    Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Lubbock Rental Portfolio

    This is an opportunity to acquire a turn-key, remodeled rental portfolio consisting of six properties. Five of the homes are fully remodeled and tenant-occupied, featuring updated interiors and a solid rental history. The properties have proven performance and offer immediate cash flow with minimal future capital expenditure. One property is recently remodeled and move-in ready, suitable for lease-up or owner use. Each home includes updated flooring, modern kitchens and baths, fresh paint, and improved mechanical systems. The portfolio is suitable for out-of-state investors or 1031 exchange buyers seeking stable, low-maintenance rentals. The portfolio must be purchased as a package; individual sales are not available. The properties are located in Lubbock, TX. The property at 523 39th Street, Lubbock, TX 79404 has a size of 696 square feet and is situated on a lot of approximately 0.15 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.842142
    Latitude
    33.558588

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    FAQs

    What type of property is this?
    Single family property - Six remodeled properties with immediate cash flow in Lubbock, TX.
    Where is this single family property located?
    The property is located at 523 39Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: - Turn-key, remodeled 6-property rental portfolio for immediate cash flow.; - Five tenant-occupied homes with updated interiors and solid rental history.; - One recently remodeled, move-in ready property for lease-up or owner use.
    (210) 274-1825
    Request Owner's contact information
    523 39Th St Lubbock, TX 79404
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    Lubbock, TX 79404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    523 39Th St Lubbock, TX 79404
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