For sale

Price cut: $6K (11/10)

$72,000

2008 48th St, Lubbock, TX 79412

2beds

806sqft

$545/mo

Get pre-qualified

Single Family Residence, Residential

Built in 1953

7,840 Square Feet Lot

$-- Zestimate^®

$89/sqft

$-- HOA

What's special

Investor opportunity in Lubbock with immediate rental income! This tenant-occupied 2-bedroom, 1-bath, 1-car garage home offers approximately 806 square feet of living space and is currently leased through April 30, 2027, providing consistent cash flow from day one. New double head mini split installed August of 2026. Lease details are available upon request. Conveniently located with quick access to shopping, restaurants, schools, parks, and major thoroughfares, this property offers excellent accessibility for tenants and future owners alike. Whether you're looking to expand your rental portfolio, begin investing in Lubbock real estate, or secure a long-term income-producing property, this home presents a great opportunity. Property is tenant occupied. Showings require advance notice (48 hours) and are subject to tenant rights. Buyer to verify square footage, schools, taxes, and all information deemed important.

22 days
268
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Heat Pump

Cooling

Ductless, Heat Pump

Appliances

Laundry: Electric Dryer Hookup, In Kitchen, Washer Hookup

Features

Ceiling Fan(s), Formica Counters
Flooring: Hardwood, Tile
Windows: Wood Frames
Has basement: No
Has fireplace: No

Interior area

Total structure area: 806
Total interior livable area: 806 sqft
Finished area above ground: 806
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Attached, Garage
Attached garage spaces: 1

Features

Exterior features: Awning(s), Private Yard
Fencing: Back Yard,Fenced,Full,Wood

Lot

Size: 7,840 Square Feet
Features: Back Yard, City Lot, Front Yard

Details

Parcel number: R136176
Zoning description: Single Family
Other equipment: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Fiber Cement
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Fixer
New construction: No
Year built: 1953

Utilities & green energy

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

Community & HOA

Community

Security: None

HOA

Has HOA: No

Location

Region: Lubbock

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $61,958
Annual tax amount: $1,123
Date on market: 10/21/2026
Cumulative days on market: 23 days
Listing terms: 1031 Exchange,Cash,Conventional
Electric utility on property: Yes
Road surface type: Asphalt, Paved

Estimated market value

Not available

Estimated sales range

Not available

$759/mo

Price history

Date	Event	Price
11/10/2026	Price change	$72,000-7.7%$89/sqft
Source: LBMLS #202614418 Report a problem
11/5/2026	Price change	$78,000-5.5%$97/sqft
Source: LBMLS #202614418 Report a problem
10/21/2026	Listed for sale	$82,500+10%$102/sqft
Source: LBMLS #202614418 Report a problem
5/17/2025	Listing removed	$75,000$93/sqft
Source: LBMLS #202550039 Report a problem
2/20/2025	Price change	$75,000-6.3%$93/sqft
Source: LBMLS #202550039 Report a problem
2/3/2025	Listed for sale	$80,000+60.3%$99/sqft
Source: LBMLS #202550039 Report a problem
9/1/2020	Listing removed	$700$1/sqft
Source: Pat Garrett, REALTORS #202007955 Report a problem
8/12/2020	Listed for rent	$700$1/sqft
Source: Pat Garrett, REALTORS #202007955 Report a problem
7/9/2020	Listing removed	$700$1/sqft
Source: Pat Garrett, REALTORS #202005500 Report a problem
5/7/2020	Listed for rent	$700$1/sqft
Source: Pat Garrett, REALTORS #202004225 Report a problem
2/18/2016	Listing removed	$700$1/sqft
Source: iHOUSEweb, Inc. #201600633 Report a problem
1/29/2016	Listed for rent	$700$1/sqft
Source: 3833 34th Street, Lubbock, TX 79410 Report a problem
11/17/2011	Listing removed	$49,900$62/sqft
Source: iseemedia #9976085 Report a problem
11/24/2010	Price change	$49,900-7.4%$62/sqft
Source: Systems Engineering, Inc. #9976085 Report a problem
10/18/2010	Price change	$53,900-1.8%$67/sqft
Source: Systems Engineering, Inc. #9976085 Report a problem
10/9/2010	Listed for sale	$54,900$68/sqft
Source: Systems Engineering, Inc. #9976085 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$61,958 -2.4%
2025	$1,123 -4.8%	$63,476 -2.3%
2024	$1,180 -10.8%	$64,994 -8.7%
2023	$1,323 -4.9%	$71,165 +3.6%
2022	$1,391 +20.1%	$68,725 +26.2%
2021	$1,158 +6.7%	$54,443 +7.5%
2020	$1,085 +1.5%	$50,654 +3.1%
2019	$1,069 +5.7%	$49,138
2018	$1,011	$49,138 +9.3%
2017	$1,011 +6.8%	$44,972
2016	$947	$44,972 +11.1%
2015	$947	$40,468 -5%
2014	$947	$42,583
2013	--	$42,583
2012	--	$42,583
2011	--	$42,583
2010	--	$42,583 +5.2%
2009	--	$40,468
2008	--	$40,468 -3.7%
2007	--	$42,014 +6.4%
2006	--	$39,480 +7.9%
2005	--	$36,584 +10%
2004	--	$33,258 +2.6%
2003	--	$32,404 +15%
2002	$101 +17.8%	$28,187 +6.4%
2001	$86 +0.1%	$26,499
2000	$86	$26,499