1802 38th Street

Lubbock, TX 79412

$85,000
Price
2
Beds
2
Baths
1,128 Sq. Ft.
$75 / Sq. Ft.
1,128
Sq. Ft.
$75
per Sq. Ft.

Description

Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect...Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect project for Investors or DIY enthusiasts Investor special with immense profit potential ($25,000 gross margins) Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1200-1400 per month market rent. Currently occupied until early next year! Cash or Hard money loan only.
  1. Listed by Stephen Bearden • TREC #0538569 • Lubbock Discount Realty

Amenities

  • Air Conditioning
  • Garage
  • Street Parking
LISTING UPDATED: 12/09/2024 01:31 PM

Property Details for 1802 38th Street

StatusActive
MLS #202416555
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1943
Lot Size0.15 AC / 6,615 SF
CountyLubbock County

Building Information for 1802 38th Street

Stories-Residences-Year Built1943Building Size-Lot Size0.15 AC / 6,615 SF

Property Information for 1802 38th Street

Summary
Location and General Information
  • FIPS Code: 303
  • School District: Lubbock ISD
  • School Name 1: Bean
  • School Name 2: Slaton
  • School Name 3: Monterey
  • School Type 1: Elementary
  • School Type 2: Jr. High
  • School Type 3: High School
  • Sub Zone: 204
  • Zip Plus 4: 1214
Owner
  • Owner Name: Thunder Sun Inc
Taxes and HOA Information
  • Proposed Financing: Cash
Property
Lot Information
  • Acres: 0.1519
  • Age: 0
  • Lot Measurement: SqFt
  • Three Quarter Bathrooms: 0
Property and Assessments
  • Property Subtype 1: Duplex
  • Streets: Paved
  • Year Built Exception: 0.0
Utilities
  • Cooling: Central Electric
  • Heat: Central Gas
Interior and Exterior Features
Exterior Features
  • Exterior: Other
Interior Features
  • Quarter Bathrooms: 0
Multi Family
Unit 1
  • Unit 1 # of Spaces: 0
  • Unit 1 Bathrooms: 0.0
  • Unit 1 Bedrooms: 0
  • Unit 1 Features: Window Coverings
  • Unit 1 Identical Unt: 0
  • Unit 1 Income: $0
  • Unit 1 Occupied: Yes
  • Unit 1 SqFt: 0.0
Unit 2
  • Unit 2 # of Spaces: 0
  • Unit 2 Bathrooms: 0
  • Unit 2 Bedrooms: 0
  • Unit 2 Features: Window Coverings
  • Unit 2 Identical Unt: 0
  • Unit 2 Income: $0
  • Unit 2 Occupied: Yes
  • Unit 2 SqFt: 0.0
Unit 3
  • Unit 3 # of Spaces: 0
  • Unit 3 Bathrooms: 0
  • Unit 3 Bedrooms: 0
  • Unit 3 Identical Unt: 0
  • Unit 3 Income: $0
  • Unit 3 SqFt: 0.0
Unit 4
  • Unit 4 # of Spaces: 0
  • Unit 4 Bathrooms: 0
  • Unit 4 Bedrooms: 0
  • Unit 4 Identical Unt: 0
  • Unit 4 Income: $0
  • Unit 4 SqFt: 0.0
Unit 5
  • Unit 5 # of Spaces: 0
  • Unit 5 Bathrooms: 0
  • Unit 5 Bedrooms: 0
  • Unit 5 Identical Unt: 0
  • Unit 5 Income: $0
  • Unit 5 SqFt: 0.0
Unit 6
  • Unit 6 # of Spaces: 0
  • Unit 6 Bathrooms: 0
  • Unit 6 Bedrooms: 0
  • Unit 6 Identical Unt: 0
  • Unit 6 Income: $0
  • Unit 6 SqFt: 0.0
Unit 7
  • Unit 7 # of Spaces: 0
  • Unit 7 Bathrooms: 0
  • Unit 7 Bedrooms: 0
  • Unit 7 Identical Unt: 0
  • Unit 7 Income: $0
  • Unit 7 SqFt: 0.0
Unit 8
  • Unit 8 # of Spaces: 0
  • Unit 8 Bathrooms: 0
  • Unit 8 Bedrooms: 0
  • Unit 8 Identical Unt: 0
  • Unit 8 Income: $0
  • Unit 8 SqFt: 0.0

Property History for 1802 38th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1802 38th Street

Taxable ValueLand$3,465Additions$122,176Total$125,641
Tax Record2023$1,400 ($117 / month)
Home Facts
Total Finished SqFt1,128 SqFtAbove Grade Finished SqFt1,128 SqFtLot Size6,615 SqFtStyleDuplexYear Built1943Zoning0038CountyLUBBOCKAPNR101760

Schools near 1802 38th Street

This home is within Lubbock Independent School District.
Rating
School
Type
Grades
Distance
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
Brown Elementary School
Public2 to 5

Slaton Middle School
Public6 to 8

Monterey High School
Public9 to 12

Brown El GR PK to 01
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1802 38th Street is a multi-family home for sale in Lubbock, TX 79412. This property was listed for sale on December 4, 2024 by Lubbock Discount Realty, it's currently listed at $85,000. This listing's school district is Lubbock Independent School District. Nearby schools include Brown Elementary School, Slaton Middle School and Monterey High School. 1802 38th Street is a 2-bed, 2-bath, 1,128 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lubbock Discount Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.