1 month on rocket

3417 Ave S, Lubbock, TX, 79412

$130,000

Home List Price

$1,544*

Closing Credit

3 Bedrooms
2 Full Baths
1,738 SqFt
$75/SqFt
House

Location

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3417 Ave S, Lubbock$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1939
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #202415527
Lot Size0.28 Acres
StatusActive

About 3417 Ave S

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.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1939
  • Stories: 1
  • Living Area: 1,738 SqFt

Listing Office:

  • Office Name: Lubbock Discount Realty
  • Office Phone: (850) 997-4714
  • Listing Agent: Stephen Bearden

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
  • Price Per SqFt: $75/SqFt
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Housing Market Comparison

See how this home compares to others in Lubbock, TX.

Med. Sold Price

$285K

Med. Price/SqFt

$135

Avg. Days On Market

56

# of Sold Homes

244

3417 Ave S vs Lubbock

37 DAYS ON ROCKET

-19 Days

$130,000

-$155K Less

$75/SqFt

-$61 Less

KEY TAKEAWAY

This property is $155K less than the Median Sold Price and $61/SqFt less than other homes in Lubbock, TX.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Lubbock
  • MLS Number: #202415527

Listing Office:

  • Office Name: Lubbock Discount Realty
  • Office Phone: (850) 997-4714
  • Listing Agent: Stephen Bearden

Copyright © 2024 Lubbock Association of REALTORS®. All rights reserved.

IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/19/2024, 12:16:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-255289
4
/10
  • Ervin Elementary School

  • 1802 E 28th St

  • 0.13 miles

  • Public Charter Grades PK-5

school-card-donut-255290
2
/10
  • Harwell Elementary School

  • 4101 Avenue D

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-255291
4
/10
  • Alderson Elementary School

  • 219 Walnut Ave

  • 1.92 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,890. Residents of Lubbock, TX typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3417 Ave S

What is the listing price of this property?

The listing price of 3417 Ave S property is $130,000.

What type of property is this?

The property 3417 Ave S is a house located in Lubbock, Texas, 79412.

Is this property for sale now?

Active Listing: 3417 Ave S is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3417 Ave S has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3417 Ave S is 1,738 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3417 Ave S is 1939.

Rocket HomesTexasLubbock CountyLubbock794123417 Ave S

This home is located at 3417 Ave S in Lubbock, TX and zip code 79412 in the Dunbar-Manhattan Heights neighborhood. This 1,738 square foot home, which was built in 1939, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $130,000.

Over 0 listings were sold over their listed price in November 2024 in Lubbock, TX. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Lubbock, TX between October 2024 and November 2024 increased by 4.3%. The median list price of listings available in November 2024 was $285,000, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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