For sale

$215,000

3508 42nd St, Lubbock, TX 79413

3beds

1,963sqft

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Package Property, Multi Family

Built in 1954

-- sqft lot

$210,600 Zestimate^®

$110/sqft

$-- HOA

What's special

New blindsNew floorsThird bathroomRecent landscaping

Great opportunity for an investor to build their portfolio with a tenant already in place! Instant cash flow! This home is centrally located and close to Tech and is one of the only homes in this area to have a third bathroom perfect for Tech students. The back has an ADU, perfect for rental opportunities! Updates include: new floors, painting, new hot water heater, new blinds, new gas lines, plumbing upgrades and recent landscaping ensuring the buyer has piece of mind! Set up a showing today before this one is gone!

17 days

201

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Central, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Microwave

Features

Bookcases, Breakfast Bar, Ceiling Fan(s), Formica Counters
Flooring: Carpet, Hardwood, Tile
Windows: Storm Window(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,963
Total interior livable area: 1,963 sqft
Finished area above ground: 1,963

Property

Parking

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

Features

Patio & porch: Covered, Patio
Fencing: Back Yard,Fenced

Lot

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

Details

Additional structures: See Remarks
Parcel number: R119093
Zoning description: Single Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Package Property, Multi Family

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1954

Utilities & green energy

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

Community & HOA

Community

Features: Curbs, Sidewalks

HOA

Has HOA: No

Location

Region: Lubbock

Financial & listing details

Price per square foot: $110/sqft
Tax assessed value: $219,633
Annual tax amount: $3,886
Date on market: 6/18/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Tenant pays: All Utilities
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$210,600

$200,000 - $221,000

$1,526/mo

Price history

Date	Event	Price
6/18/2026	Listed for sale	$215,000-2.1%$110/sqft
Source: LBMLS #202608363 Report a problem
5/23/2025	Listing removed	$1,550$1/sqft
Source: Zillow Rentals Report a problem
5/22/2025	Listing removed	$219,500$112/sqft
Source: LBMLS #202414825 Report a problem
4/18/2025	Price change	$1,550-1.6%$1/sqft
Source: Zillow Rentals Report a problem
4/2/2025	Price change	$1,575-1.6%$1/sqft
Source: Zillow Rentals Report a problem
2/28/2025	Price change	$1,600-5.9%$1/sqft
Source: Zillow Rentals Report a problem
2/15/2025	Listed for rent	$1,700+6.3%$1/sqft
Source: Zillow Rentals Report a problem
2/14/2025	Listing removed	$1,600$1/sqft
Source: Zillow Rentals Report a problem
1/28/2025	Price change	$1,600-5.9%$1/sqft
Source: Zillow Rentals Report a problem
1/14/2025	Price change	$219,500-2.4%$112/sqft
Source: LBMLS #202414825 Report a problem
1/13/2025	Listed for rent	$1,700+6.3%$1/sqft
Source: Zillow Rentals Report a problem
11/1/2024	Listed for sale	$225,000$115/sqft
Source: LBMLS #202414825 Report a problem
9/13/2024	Listing removed	$1,600+6.7%$1/sqft
Source: Zillow Rentals Report a problem
9/1/2024	Price change	$1,500-6.3%$1/sqft
Source: Zillow Rentals Report a problem
8/17/2024	Listed for rent	$1,600$1/sqft
Source: Zillow Rentals Report a problem
8/17/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/23/2024	Price change	$1,600-5.9%$1/sqft
Source: Zillow Rentals Report a problem
7/19/2024	Listed for rent	$1,700+6.3%$1/sqft
Source: Zillow Rentals Report a problem
8/20/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/17/2021	Price change	$1,600-3%$1/sqft
Source: Zillow Rental Manager Report a problem
8/10/2021	Price change	$1,650-2.9%$1/sqft
Source: Zillow Rental Manager Report a problem
8/9/2021	Listed for rent	$1,700$1/sqft
Source: Zillow Rental Manager Report a problem
8/6/2021	Sold	--
Source: Agent Provided Report a problem
6/4/2013	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,886 +12.1%	$219,633 +15%
2024	$3,468 +1.4%	$190,995 +3.8%
2023	$3,421 -2.7%	$184,045 +6%
2022	$3,515 +8.2%	$173,618 +13.7%
2021	$3,249 +8.4%	$152,756 +9.1%
2020	$2,998 +4%	$140,000 +5.6%
2019	$2,884 +0.6%	$132,608
2018	$2,868	$132,608 +3.9%
2017	$2,868 +16%	$127,571
2016	$2,473	$127,571 +16.7%
2015	$2,473	$109,295 -1.7%
2014	$2,473	$111,221 +14.5%
2013	--	$97,102
2012	--	$97,102
2011	--	$97,102 +2.3%
2010	--	$94,937
2009	--	$94,937
2008	--	$94,937 +5.7%
2007	--	$89,815 +10%
2006	--	$81,678
2005	--	$81,678 +6.1%
2004	--	$76,979 +10%
2003	--	$69,981 +5.7%
2002	$564 +8.8%	$66,213 +8.1%
2001	$519 +0.1%	$61,228
2000	$518	$61,228

Find assessor info on the county website

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