Welcome to 706 29th St — a solid investment opportunity in an established Central Lubbock neighborhood known for consistent rental demand. This property is currently leased at $750/month, with a long-term tenant who would like to remain, offering immediate and reliable income from day one. For investors looking for stability, it doesn't get much more straightforward than this. Even better, the property is priced at approximately 72% of its market value, creating a built-in equity position with room for future appreciation. Located just minutes from Texas Tech University and downtown Lubbock, this area continues to attract tenants due to its convenience, accessibility, and affordability. It's a proven rental pocket with ongoing demand. Whether you're looking to expand your portfolio with a low-maintenance rental or secure a property with strong fundamentals, this one checks the boxes: cash flow, tenant stability, and below-market pricing. Opportunities like this—occupied, performing, and priced right—don't last long.
For sale
$59,000
706 29th St, Lubbock, TX 79404
3beds
1,164sqft
Single Family Residence, Residential
Built in 1939
6,098 Square Feet Lot
$-- Zestimate®
$51/sqft
$-- HOA
What's special
- 6 days
- 107
- 8
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Felicia Estrada TREC #0673783 210-274-1825,
Keller Williams Realty
Source: LBMLS,MLS#: 202613112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
Features
- Other
- Has fireplace: No
Interior area
- Total structure area: 1,164
- Total interior livable area: 1,164 sqft
- Finished area above ground: 1,164
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: None, Other
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: R87714
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Unknown
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1939
Community & HOA
Community
- Security: None
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $74,479
- Annual tax amount: $1,317
- Date on market: 9/22/2026
- Cumulative days on market: 125 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$969/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for sale | $59,000$51/sqft |
Source:  LBMLS #202613112 Report a problem | ||
| 9/1/2026 | Listing removed | $59,000$51/sqft |
Source: LBMLS #202605962 Report a problem | ||
| 8/25/2026 | Listed for rent | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/5/2026 | Listed for sale | $59,000$51/sqft |
Source: LBMLS #202605962 Report a problem | ||
| 4/30/2026 | Listing removed | $59,000$51/sqft |
Source: LBMLS #202561994 Report a problem | ||
| 3/24/2026 | Pending sale | $59,000$51/sqft |
Source: LBMLS #202561994 Report a problem | ||
| 12/3/2025 | Price change | $59,000-25.3%$51/sqft |
Source: LBMLS #202561994 Report a problem | ||
| 10/18/2025 | Listed for sale | $79,000+58.3%$68/sqft |
Source: LBMLS #202561994 Report a problem | ||
| 7/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/7/2024 | Listed for rent | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/29/2021 | Listing removed | -- |
Source: LBMLS #202109483 Report a problem | ||
| 9/30/2021 | Contingent | $49,900$43/sqft |
Source: LBMLS #202109483 Report a problem | ||
| 9/15/2021 | Listed for sale | $49,900$43/sqft |
Source: LBMLS #202109483 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,318 +3.1% | $74,479 -25.6% |
| 2024 | $1,278 +17.2% | $100,124 +25% |
| 2023 | $1,091 +11.5% | $80,124 +2.6% |
| 2022 | $978 +83.5% | $78,056 +211.4% |
| 2021 | $533 -17% | $25,065 -16.4% |
| 2020 | $642 +14% | $29,994 +15.7% |
| 2019 | $564 -3.3% | $25,917 |
| 2018 | $583 | $25,917 |
| 2017 | $583 +1.2% | $25,917 |
| 2016 | $576 | $25,917 +0.1% |
| 2015 | $576 | $25,894 |
| 2014 | $576 | $25,894 |
| 2013 | -- | $25,894 |
| 2012 | -- | $25,894 |
| 2011 | -- | $25,894 |
| 2010 | -- | $25,894 +4.8% |
| 2009 | -- | $24,700 -4.6% |
| 2008 | -- | $25,894 -5.9% |
| 2007 | -- | $27,510 |
| 2006 | -- | $27,510 |
| 2005 | -- | $27,510 |
| 2004 | -- | $27,510 +21.8% |
| 2003 | -- | $22,589 +22.2% |
| 2002 | $458 +8.3% | $18,485 +8.1% |
| 2001 | $423 +0.7% | $17,105 |
| 2000 | $420 | $17,105 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Slaton-Bean
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