Skip main navigation
For sale
    • $115,000

    505 E Rice St, Lubbock, TX 79403

    3beds
    1,103sqft
    : 
    $884/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2016
    5,227 Square Feet Lot
    $113,100 Zestimate®
    $104/sqft
    $-- HOA

    What's special

    Central heat and air
    Located at 505 E Rice St, this 3-bedroom, 2-bathroom property offers a strong value-add investment opportunity in an established Lubbock neighborhood. Featuring 1,300 square feet of functional living space, central heat and air, and washer/dryer connections, this home provides a solid, low-maintenance foundation to renovate, lease out, and add steady cash flow to your portfolio. Currently leased until 10/31/2026 at $1,125/ month.
    11 days
    |
    263
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Avery Shaw TREC #0842042 806-777-4175,

    Keller Williams Realty,

    Cole Whisenhunt TREC #0641534 806-438-7987,

    Keller Williams Realty

    Source: LBMLS,MLS#: 202610289MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Carpet Flooring
      • Area: 164.74 Square Feet
      • Dimensions: 12.80 x 12.87
      Bedroom 1
      • Features: Carpet Flooring
      • Area: 100.41 Square Feet
      • Dimensions: 9.22 x 10.89
      Bedroom 2
      • Features: Carpet Flooring
      • Area: 92.15 Square Feet
      • Dimensions: 8.47 x 10.88
      Primary bathroom
      • Features: Combination Shower/Tub, Formica Counters
      Bathroom
      • Features: Combination Shower/Tub
      Kitchen
      • Features: Formica Counters, Pantry, Plank Flooring, Vinyl Flooring, Wood Paint Cabinets
      • Area: 192.34 Square Feet
      • Dimensions: 11.49 x 16.74
      Living room
      • Features: Carpet Flooring
      • Area: 191.87 Square Feet
      • Dimensions: 11.38 x 16.86
      Heating
      • Central, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Cooktop, Oven
      • Laundry: In Kitchen
      Features
      • Ceiling Fan(s), Formica Counters, Pantry
      • Flooring: Carpet, Plank, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,103
      • Total interior livable area: 1,103 sqft
      • Finished area above ground: 1,103

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Driveway, Garage
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Covered, Patio
      • Exterior features: Private Yard
      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: R116223

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2016

      Community & HOA

      Community
      • Security: None
      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $104/sqft
      • Tax assessed value: $130,229
      • Annual tax amount: $2,304
      • Date on market: 7/24/2026
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        $113,100

        $107,000 - $119,000

        $1,059/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$115,000$104/sqft
        Source: LBMLS #202610289 Report a problem
        9/20/2025Listing removed$1,100$1/sqft
        Source: Zillow Rentals Report a problem
        6/3/2025Listed for rent$1,100$1/sqft
        Source: Zillow Rentals Report a problem
        3/21/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/29/2024Listed for rent$1,100+22.2%$1/sqft
        Source: Zillow Rentals Report a problem
        8/3/2018Listing removed$900$1/sqft
        Source: Hub City Rentals, LLC Report a problem
        6/19/2018Listed for rent$900$1/sqft
        Source: Hub City Rentals, LLC Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,304 -7.4%$130,229 -5%
        2024$2,488 -3%$137,037 -0.7%
        2023$2,565 -6.6%$137,987 +1.7%
        2022$2,746 +54.3%$135,660 +62.2%
        2021$1,779 -1.7%$83,656 -1%
        2020$1,810 +21.6%$84,510 +23.5%
        2019$1,488 -4.2%$68,451 -1%
        2018$1,554 $69,135
        2017$1,554 +5724.8%$69,135 +5661.3%
        2016$27 $1,200
        2014$27 $1,200
        2013-- $1,200
        2012-- $1,200
        2011-- $1,200
        2010-- $1,200
        2009-- $1,200 +100%
        2008-- $600
        2007-- $600
        2006-- $600
        2005-- $600
        2004-- $600
        2003-- $600
        2002$15 +0.2%$600
        2001$15 +0.7%$600
        2000$15 $600
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Clayton Carter

        Getting around

        7 / 100
        Car-Dependent
        15 / 100
        Minimal Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Carmona-Harrison
        • Middle: Cavazos
        • High: Estacado

        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.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Lubbock Topics

                Search
                Updates
                Favorites
                Plan
                Inbox