Excellent investment opportunity in Central Lubbock that can meet the 1% rule! This three bedroom, two bathroom house features hardwood floors, two living areas, a new HVAC unit, gas line and roof. The large main suite has it's own water heater and large closets. Perfect for the first time investor or to add to your portfolio. Turnkey ready for preleasing this fall. Don't miss out on what this house can do for you! Schedule your private showing today!
For sale
Price cut: $4.6K (8/11)
$129,900
2818 40th St, Lubbock, TX 79413
3beds
1,648sqft
:
Get pre-qualified$981/mo
Single Family Residence, Residential
Built in 1954
7,840 Square Feet Lot
$129,700 Zestimate®
$79/sqft
$-- HOA
What's special
Three bedroomHardwood floorsLarge main suiteOwn water heaterNew hvac unitTwo bathroomLarge closets
- 44 days |
- 619 |
- 60 |
Zillow last checked:
Listing updated:
Listed by:
Dustin House TREC #0695254 806-549-1823,
Better Homes and Gardens
Source: LBMLS,MLS#: 202608851
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Living room
- Description: 2+ Living Areas
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Range
Features
- Walk-In Closet(s)
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,648
- Total interior livable area: 1,648 sqft
- Finished area above ground: 1,648
Property
Parking
- Parking features: Other
Features
- Exterior features: Private Yard
Lot
- Size: 7,840 Square Feet
Details
- Additional structures: Storage, Workshop
- Parcel number: R78927
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Asbestos
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Security: None
HOA
- Has HOA: No
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $150,492
- Annual tax amount: $3,500
- Date on market: 7/25/2026
- Cumulative days on market: 36 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Zestimate®
$129,700
Estimated sales range
$123,000 - $136,000
Rent Zestimate®
$1,601/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $129,900-3.4%$79/sqft |
Source: | ||
| 7/25/2026 | Listed for sale | $134,500$82/sqft |
Source: | ||
| 7/18/2026 | Pending sale | $134,500$82/sqft |
Source: | ||
| 6/29/2026 | Listed for sale | $134,500-0.4%$82/sqft |
Source: | ||
| 9/15/2025 | Listing removed | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/22/2025 | Listed for rent | $1,250+4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/20/2024 | Listing removed | $135,000$82/sqft |
Source: | ||
| 8/5/2024 | Price change | $1,200-7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2024 | Price change | $1,300-3.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2024 | Listed for sale | $135,000$82/sqft |
Source: | ||
| 6/29/2024 | Pending sale | $135,000$82/sqft |
Source: | ||
| 6/27/2024 | Listed for rent | $1,350+3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/22/2024 | Price change | $135,000-3.6%$82/sqft |
Source: | ||
| 6/1/2024 | Price change | $140,000-6.6%$85/sqft |
Source: | ||
| 4/21/2024 | Listed for sale | $149,900+19.9%$91/sqft |
Source: | ||
| 12/28/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 7/29/2020 | Listed for sale | $125,000$76/sqft |
Source: Tech Terrace Real Estate #202001127 Report a problem | ||
| 7/29/2020 | Listing removed | $1,300$1/sqft |
Source: Tech Terrace Real Estate Report a problem | ||
| 6/24/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/26/2020 | Listed for rent | $1,300$1/sqft |
Source: Tech Terrace Real Estate Report a problem | ||
| 2/12/2020 | Listed for sale | $125,000$76/sqft |
Source: Tech Terrace Real Estate #202001127 Report a problem | ||
| 6/10/2019 | Listing removed | $1,300$1/sqft |
Source: Tech Terrace Real Estate Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,663 -5.4% | $150,492 -2.9% |
| 2024 | $2,815 -3.9% | $154,992 -1.6% |
| 2023 | $2,927 +11.5% | $157,491 +21.4% |
| 2022 | $2,626 +20.9% | $129,743 +27% |
| 2021 | $2,172 +7.6% | $102,131 +8.3% |
| 2020 | $2,020 -2.2% | $94,300 -0.7% |
| 2019 | $2,064 +3.1% | $94,921 +4.3% |
| 2018 | $2,002 | $91,023 +2.2% |
| 2017 | $2,002 +12.9% | $89,076 +11.7% |
| 2015 | $1,773 | $79,738 |
| 2014 | $1,773 | $79,738 |
| 2013 | -- | $79,738 |
| 2012 | -- | $79,738 |
| 2011 | -- | $79,738 |
| 2010 | -- | $79,738 |
| 2009 | -- | $79,738 +19.8% |
| 2008 | -- | $66,551 -6.6% |
| 2007 | -- | $71,282 +11.7% |
| 2006 | -- | $63,795 -2.9% |
| 2005 | -- | $65,667 +4.2% |
| 2004 | -- | $63,046 +24.7% |
| 2003 | -- | $50,543 +0.3% |
| 2002 | $891 +13.3% | $50,402 +21.4% |
| 2001 | $787 +0.6% | $41,512 |
| 2000 | $782 | $41,512 |
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.Climate risks
Neighborhood: Wheelock & Monterey
Nearby schools
GreatSchools rating
- 4/10Wheelock Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Atkins Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Monterey High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Wheelock
- Middle: Evans
- High: Monterey
Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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