For sale

$165,000

5011 42nd St, Lubbock, TX 79414

3beds

1,407sqft

$1,325/mo

Get pre-qualified

Single Family Residence, Residential

Built in 1959

7,405 Square Feet Lot

$161,200 Zestimate^®

$117/sqft

$-- HOA

What's special

Loudermark Rentals represents a methodically assembled portfolio of 25 properties — 35 total rentable doors — across Lubbock, Texas. Every unit is currently rented and cash-flowing. These are well-maintained, tenant-occupied homes and units with established rental histories in a supply-constrained secondary market. This is not a collection of distressed assets or a value-add project in search of an operator: it is a stabilized, professionally managed portfolio ready to transfer income on day one, offered at $4,200,000.

18 days
229
17

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Features

Ceiling Fan(s)
Has fireplace: No

Interior area

Total structure area: 1,407
Total interior livable area: 1,407 sqft
Finished area above ground: 1,407

Property

Parking

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

Features

Exterior features: Other
Fencing: Back Yard

Lot

Size: 7,405 Square Feet

Details

Parcel number: R72530

Construction

Type & style

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

Materials

Brick Veneer
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

New construction: No
Year built: 1959

Community & HOA

Community

Security: See Remarks

Location

Region: Lubbock

Financial & listing details

Price per square foot: $117/sqft
Tax assessed value: $130,044
Annual tax amount: $2,477
Date on market: 10/15/2026
Listing terms: Cash,Conventional,VA Loan
Road surface type: Paved

Estimated market value

$161,200

$153,000 - $169,000

$1,239/mo

Price history

Date	Event	Price
10/15/2026	Listed for sale	$165,000+121.5%$117/sqft
Source: LBMLS #202614171 Report a problem
4/26/2026	Listing removed	$995$1/sqft
Source: Zillow Rentals Report a problem
4/20/2026	Price change	$995-20.1%$1/sqft
Source: Zillow Rentals Report a problem
3/30/2026	Price change	$1,245-3.9%$1/sqft
Source: Zillow Rentals Report a problem
2/10/2026	Listed for rent	$1,295+8.4%$1/sqft
Source: Zillow Rentals Report a problem
9/11/2025	Listing removed	$1,195$1/sqft
Source: Zillow Rentals Report a problem
8/29/2025	Listed for rent	$1,195+9.1%$1/sqft
Source: Zillow Rentals Report a problem
10/3/2024	Listing removed	$1,095-8.4%$1/sqft
Source: Zillow Rentals Report a problem
9/19/2024	Price change	$1,195-7.7%$1/sqft
Source: Zillow Rentals Report a problem
8/1/2024	Listed for rent	$1,295$1/sqft
Source: Zillow Rentals Report a problem
8/18/2023	Listing removed	--
Source: Zillow Rentals Report a problem
6/28/2023	Listed for rent	$1,295$1/sqft
Source: Zillow Rentals Report a problem
9/13/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/7/2021	Listed for rent	$1,295$1/sqft
Source: Zillow Rental Manager Report a problem
6/3/2011	Sold	--
Source: Agent Provided Report a problem
5/22/2011	Pending sale	$74,500$53/sqft
Source: Keller Williams - Lubbock #9979081 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$130,044 -7.1%
2025	$2,477 -3.3%	$140,000 -7.4%
2024	$2,561 +5.9%	$151,117 +8.4%
2023	$2,418 -13.3%	$139,349 +1.1%
2022	$2,789 +9.5%	$137,780 +15.1%
2021	$2,547 +5.6%	$119,735 +6.3%
2020	$2,412 +8.1%	$112,603 +9.7%
2019	$2,231 +9.7%	$102,618 +3.6%
2018	$2,034	$99,052 +9.5%
2017	$2,034 +11.8%	$90,494
2016	$1,819	$90,494 +11.7%
2015	$1,819	$81,030 -0.9%
2014	$1,819	$81,791 +5%
2013	--	$77,870
2012	--	$77,870
2011	--	$77,870
2010	--	$77,870
2009	--	$77,870
2008	--	$77,870 +8.3%
2007	--	$71,896
2006	--	$71,896
2005	--	$71,896 +15.5%
2004	--	$62,268
2003	--	$62,268 +8%
2002	$1,430 +11%	$57,674 +10.8%
2001	$1,288 +0.7%	$52,034
2000	$1,279	$52,034