For sale

$195,000

1608 48th St, Lubbock, TX 79412

3beds

1,616sqft

$1,434/mo

Get pre-qualified

Single Family Residence, Residential

Built in 2016

6,969 Square Feet Lot

$191,800 Zestimate^®

$121/sqft

$-- HOA

What's special

Granite countertopsTwo spacious walk-in closetsAbundant cabinetryOpen-concept layoutAmple prep space

Turnkey investment opportunity with immediate cash flow! This well-maintained 3-bedroom, 2-bathroom home is currently leased through May 2027 at $1,500/month, offering stable long-term income from day one. Inside, the property features an open-concept layout with durable tile flooring throughout the main living areas and brand-new vinyl flooring in all bedrooms for low-maintenance ownership. The kitchen is both functional and attractive, complete with granite countertops, ample prep space, and abundant cabinetry. The isolated primary suite adds privacy and includes two spacious walk-in closets along with a well-appointed en suite bath featuring modern finishes. With desirable features, strong rental appeal, and an established tenant in place, this property is an excellent addition to any investment portfolio.

175 days

94

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Isolated, Vinyl Flooring

Bedroom 2

Features: Vinyl Flooring

Bedroom 3

Features: Vinyl Flooring

Primary bathroom

Features: Combination Shower/Tub, Tile Flooring

Heating

Central, Natural Gas

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Disposal, Free-Standing Gas Range, Range Hood, Washer/Dryer
Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup

Features

Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, His and Hers Closets, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s)
Flooring: Tile, Vinyl
Windows: Blinds, Double Pane Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,616
Total interior livable area: 1,616 sqft
Finished area above ground: 1,616

Property

Parking

Total spaces: 2
Parking features: Attached, Driveway, Garage
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Patio & porch: Covered, Porch, Rear Porch
Exterior features: Private Yard
Fencing: Back Yard,Wood

Lot

Size: 6,969 Square Feet
Features: Interior Lot

Details

Parcel number: R317128
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 2016

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Water Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Lubbock

Financial & listing details

Price per square foot: $121/sqft
Tax assessed value: $163,830
Annual tax amount: $2,428
Date on market: 2/23/2026
Cumulative days on market: 176 days
Listing terms: Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$191,800

$182,000 - $201,000

$1,244/mo

Price history

Date	Event	Price
5/12/2026	Listing removed	$1,500$1/sqft
Source: Zillow Rentals Report a problem
4/9/2026	Price change	$195,000-1%$121/sqft
Source: LBMLS #202602406 Report a problem
3/30/2026	Price change	$197,000-1.5%$122/sqft
Source: LBMLS #202602406 Report a problem
3/21/2026	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
3/20/2026	Price change	$200,000-4.8%$124/sqft
Source: LBMLS #202602406 Report a problem
3/2/2026	Price change	$210,000-2.3%$130/sqft
Source: LBMLS #202602406 Report a problem
2/23/2026	Listed for sale	$215,000+73.4%$133/sqft
Source: LBMLS #202602406 Report a problem
11/6/2024	Listing removed	$1,500$1/sqft
Source: Zillow Rentals Report a problem
9/26/2024	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
8/25/2016	Sold	--
Source: Agent Provided Report a problem
6/28/2016	Listed for sale	$124,000$77/sqft
Source: Expand Realty #201604805 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,839 +16.9%	$160,457 +20%
2024	$2,428 -45.7%	$133,714 -44.4%
2023	$4,468 +24.9%	$240,372 +36.1%
2022	$3,576 +23%	$176,668 +29.2%
2021	$2,908 -1.6%	$136,740 -0.9%
2020	$2,956 +3.2%	$138,040 +4.8%
2019	$2,865 +11.9%	$131,771 -0.9%
2018	$2,560	$132,994 +16.8%
2017	$2,560 +980.1%	$113,879 +968.5%
2015	$237	$10,658
2014	$237	$10,658
2013	--	$10,658
2012	--	$10,658
2011	--	$10,658
2010	--	$10,658