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For sale
  • $114,900

    1516 E 8th St, Lubbock, TX 79403

    3beds
    1,172sqft
    : 
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    Single Family Residence, Residential
    Built in 2020
    6,098 Square Feet Lot
    $111,200 Zestimate®
    $98/sqft
    $-- HOA

    What's special

    Currently leased at $1,050 per month with a one-year lease in place, this property provides immediate rental income, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor or looking to purchase your first income-producing property, this home offers a combination of location, functionality, and long-term potential. Conveniently located in East Lubbock with easy access to Marsha Sharp Freeway, this home provides quick commutes to Texas Tech, downtown, and shopping, dining, and entertainment throughout the city.
    2 days
    |
    75
    |
    6
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Toman TREC #0468252 806-787-6571,

    Realty Refined

    Source: LBMLS,MLS#: 202609617MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Has fireplace: No
      Interior area
      • Total structure area: 1,172
      • Total interior livable area: 1,172 sqft
      • Finished area above ground: 1,172

      Property

      Parking
      • Parking features: Garage
      Features
      • Exterior features: Private Yard
      • Fencing: Back Yard
      Lot
      • Size: 6,098 Square Feet
      Details
      • Parcel number: R108151

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Lap Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: None
      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $98/sqft
      • Tax assessed value: $104,089
      • Annual tax amount: $1,842
      • Date on market: 7/14/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $111,200

        $97,000 - $126,000

        $1,178/mo

        Price history

        DateEventPrice
        7/14/2026Listed for sale$114,900$98/sqft
        Source: LBMLS #202609617 Report a problem
        7/13/2026Listing removed$1,050$1/sqft
        Source: Zillow Rentals Report a problem
        5/18/2026Listed for rent$1,050$1/sqft
        Source: Zillow Rentals Report a problem
        12/10/2025Listing removed$1,050$1/sqft
        Source: Zillow Rentals Report a problem
        12/4/2025Price change$1,050-8.7%$1/sqft
        Source: Zillow Rentals Report a problem
        11/12/2025Listed for rent$1,150+9.5%$1/sqft
        Source: Zillow Rentals Report a problem
        12/30/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/21/2023Listed for rent$1,050$1/sqft
        Source: Zillow Rentals Report a problem
        12/12/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/14/2023Price change$1,050-4.5%$1/sqft
        Source: Zillow Rentals Report a problem
        10/26/2023Listed for rent$1,100$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,842 +4.1%$104,089 -18.8%
        2024$1,769 +17.2%$128,137 +57.8%
        2023$1,509 -9.1%$81,179 -1%
        2022$1,660 +12.4%$81,992 +18.1%
        2021$1,477 +9101.7%$69,436 +9158.1%
        2020$16 -1.6%$750
        2019$16 -3.3%$750
        2018$17 $750
        2017$17 +1.1%$750
        2016$17 $750
        2015$17 $750
        2014$17 $750
        2013-- $750
        2012-- $750
        2011-- $750
        2010-- $750
        2009-- $750
        2008-- $750
        2007-- $750
        2006-- $750
        2005-- $750
        2004-- $750
        2003-- $750
        2002$19 +0.1%$750
        2001$19 +0.8%$750
        2000$18 $750
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Parkway and Cherry Point

        Getting around

        49 / 100
        Car-Dependent
        24 / 100
        Minimal Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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