531 42nd St, Lubbock, TX, 79404

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531 42nd St, Lubbock$109,500

Buyer Closing Credits

$1,300^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeDuplex

Year Built1954

CoolingWindow Unit(s)

MLS #202416507

Lot Size0.15 Acres

StatusActive

About 531 42nd St

Duplex for sale! Beats the 1% rule! Currently leased for $1150 a month, and Recently remodeled and ready for a new owner. This duplex has had interior and exterior touch ups, and tons of interior work to get these ready for rent or home owner. Each unit is currently rented at $600 and $550 a month. Located close to highway for easy access!

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Property Details

Property Features

Property Information:

• Architectural Style: 1 Story
• Year Built: 1954
• Stories: 1
• Living Area: 1,488 SqFt

Listing Office:

• Office Name: Brick & Loft Realty
• Office Phone: (850) 222-7637
• Listing Agent: Travis Turner

Interior Features

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Lot Features

Lot Information:

• Lot Size: 0.15 Acres

Utilities

Utilities Information:

• Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

• List Price: $109,500
• Price Per SqFt: $74/SqFt

Tax Information:

• Annual Amount: $1,017
• Tax Year: 2020

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Housing Market Comparison

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

Lubbock, TX

City

Med. Sold Price

$285K

Med. Price/SqFt

$135

Avg. Days On Market

56

# of Sold Homes

244

531 42nd St vs Lubbock

15 DAYS ON ROCKET

-41 Days

$109,500

-$175.5K Less

$74/SqFt

-$62 Less

KEY TAKEAWAY

This property is $175.5K less than the Median Sold Price and $62/SqFt less than other homes in Lubbock, TX.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Name: Lubbock
• MLS Number: #202416507

Listing Office:

• Office Name: Brick & Loft Realty
• Office Phone: (850) 222-7637
• Listing Agent: Travis Turner

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.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

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.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,017	$47,497
2019	$1,213	$47,497
2018	$1,214	$54,059
2017	$782	$45,966

History based on county public records data.

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**Disclosures

Rocket Homes›Texas›Lubbock County›Lubbock›79404›531 42nd St

This home is located at 531 42nd St in Lubbock, TX and zip code 79404 in the Harwell neighborhood. This 1,488 square foot home, which was built in 1954, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $109,500.

While more than 0 listings in Lubbock, TX in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. Between October 2024 and November 2024, Lubbock, TX real estate market has seen increase in the number of listings by 4.3%. Listings spent 56 days on the market in November 2024, and had a median list price of $285,000 during the same period.

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