$47,452

This asset is offered as part of a value-add investment portfolio of 18 properties. Located in the Heart of Lubbock this 3-bedroom, 1-bath home is priced at ~75% of market value. The property needs modest rehab work (floors, paint, kitchen/bath refresh) but trades well below replacement cost. When stabilized, its current market rent ceiling ranges from $850 to $950/month, yielding a strong cash-flow upside that beats the 1 % rule. Nestled in a mature, centrally located Lubbock neighborhood, it offers access to established schools, convenient city access, and proximity to local amenities. This is ideal for an investor seeking a turnkey rehab-to-rent play with built-in equity upside.