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
:
Get pre-qualifiedN/A
Single Family Residence, Residential
Built in 1939
6,098 Square Feet Lot
$-- Zestimate®
$51/sqft
$-- HOA
What's special
- 100 days |
- 133 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Felicia Estrada TREC #0673783 210-274-1825,
Keller Williams Realty
Source: LBMLS,MLS#: 202605962
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: 5/5/2026
- Cumulative days on market: 101 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,048/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Slaton-Bean
Nearby schools
GreatSchools rating
- 5/10Ervin Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 2/10Dunbar College Preparatory AcademyGrades: 6-8Distance: 1.6 mi
- 2/10Estacado High SchoolGrades: 9-12Distance: 3.1 mi
- $1,000-- bd-- ba-- sqft708 29th St, Lubbock, TX 79404Off Market
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- $110,2002 bd1 ba-- sqft712 29th St #1, Lubbock, TX 79404Off Market
- $130,9002 bd1 ba1.2k sqft712 29th St, Lubbock, TX 79404Off Market
- $110,1003 bd2 ba1.5k sqft705 29th St, Lubbock, TX 79404Off Market
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- $52,8002 bd1 ba720 sqft709 29th St, Lubbock, TX 79404Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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