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Pending
    • $129,000

    5006 42nd St, Lubbock, TX 79414

    2beds
    1,056sqft
    : 
    $983/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1955
    7,840 Square Feet Lot
    $124,200 Zestimate®
    $122/sqft
    $-- HOA

    What's special

    Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. *It is currently rented for $1,250 a month until March 26th, 2027.
    104 days
    |
    140
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cole Whisenhunt TREC #0641534 806-438-7987,

    Keller Williams Realty

    Source: LBMLS,MLS#: 202606284MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Features: Hardwood Flooring
      • Area: 179.54 Square Feet
      • Dimensions: 13.26 x 13.54
      Bedroom 1
      • Features: Hardwood Flooring
      • Area: 153.93 Square Feet
      • Dimensions: 11.85 x 12.99
      Bathroom
      • Features: Combination Shower/Tub
      Dining room
      • Features: Tile Flooring
      • Area: 117.21 Square Feet
      • Dimensions: 9.03 x 12.98
      Kitchen
      • Features: Tile Flooring, Wood Paint Cabinets, Formica Counters
      • Area: 143.95 Square Feet
      • Dimensions: 11.09 x 12.98
      Living room
      • Features: Hardwood Flooring
      • Area: 199.48 Square Feet
      • Dimensions: 12.92 x 15.44
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Cooktop, Oven
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Formica Counters
      • Flooring: Hardwood, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,056
      • Total interior livable area: 1,056 sqft
      • Finished area above ground: 1,056

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage
      • Attached garage spaces: 1
      Features
      • Exterior features: Private Yard
      Lot
      • Size: 7,840 Square Feet
      Details
      • Parcel number: R52672

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Stone, Vinyl Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1955

      Community & HOA

      Community
      • Security: None
      HOA
      • Has HOA: No
      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $122/sqft
      • Tax assessed value: $115,073
      • Annual tax amount: $1,997
      • Date on market: 5/11/2026
      • Cumulative days on market: 264 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $124,200

        $118,000 - $130,000

        $1,123/mo

        Price history

        DateEventPrice
        8/22/2026Pending sale$129,000$122/sqft
        Source: LBMLS #202606284 Report a problem
        5/11/2026Price change$129,000-0.8%$122/sqft
        Source: LBMLS #202606284 Report a problem
        12/8/2025Price change$130,000-3.7%$123/sqft
        Source: LBMLS #202563658 Report a problem
        12/4/2025Price change$135,000+3.8%$128/sqft
        Source: LBMLS #202563658 Report a problem
        12/2/2025Listed for sale$130,000+9.2%$123/sqft
        Source: LBMLS #202563658 Report a problem
        11/17/2021Sold--
        Source: Agent Provided Report a problem
        10/18/2021Contingent$119,000$113/sqft
        Source: LBMLS #202110026 Report a problem
        10/6/2021Listed for sale$119,000+75%$113/sqft
        Source: LBMLS #202110026 Report a problem
        12/14/2017Sold--
        Source: Agent Provided Report a problem
        11/27/2017Listed for sale$68,000-2.7%$64/sqft
        Source: Keller Williams Realty #201708868 Report a problem
        2/4/2009Listing removed$69,900$66/sqft
        Source: Systems Engineering, Inc. #9962565 Report a problem
        1/18/2009Listed for sale$69,900$66/sqft
        Source: Systems Engineering, Inc. #9962565 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,998 +16.9%$112,910 +20%
        2024$1,709 -12%$94,092 -9.9%
        2023$1,941 +3%$104,403 +12.1%
        2022$1,885 +39.2%$93,105 +39.3%
        2021$1,354 -0.7%$66,851
        2020$1,363 -6.8%$66,851 -0.6%
        2019$1,463 +85.7%$67,264 -0.2%
        2018$788 $67,392 +38.2%
        2017$788 -20.2%$48,773
        2016$988 $48,773 +1.1%
        2015$988 $48,244 -8.5%
        2014$988 $52,744
        2013-- $52,744
        2012-- $52,744
        2011-- $52,744
        2010-- $52,744
        2009-- $52,744
        2008-- $52,744 +6.4%
        2007-- $49,562 +6.4%
        2006-- $46,600 +7.1%
        2005-- $43,523 +10%
        2004-- $39,566 +10%
        2003-- $35,969 +5%
        2002$608 +13.2%$34,242 +8.9%
        2001$537 +0.6%$31,441
        2000$534 $31,441
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Stubbs-Stewart

        Getting around

        43 / 100
        Car-Dependent
        25 / 100
        Some Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Stewart
        • Middle: Irons
        • High: Coronado

        Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

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