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2708 24th Street, Lubbock, TX 79410

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For Sale

$239,500

3 beds2 baths1,608 sqft

Estimated Payment

$ 1,541 /mo.

6.67% APR for 30 yrs.
$3,699 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $148.94
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Location, Location, Location: Being situated in the TTU and the Medical District places these properties in a high-demand rental market. Proximity to Texas Tech University and the medical facilities ensures a consistent pool of potential tenants or can be sold separately perfect for first-time buyers looking for a place to call home with instant income from efficiency rear apartment. Main house 1128 SF with 2 BRs & 1 BA plus an Efficiency Rear Apartment with 1 BR & 1 BA & 480 SF. Fully Leased: Immediate cash flow is a major plus. No need to worry about vacancies and lease-up periods. The properties are already generating income from day one. Well-Maintained and Updated: Classic Charm: Original hardwood flooring, adding warmth and character; updated aesthetic and manageable size. The property(s) are in good condition, potentially reducing future maintenance costs and attracting higher-quality tenants. Discounted Price: The 2.5% discount for a portfolio purchase of all 7 properties (2708 24th Street, 3815 25th Street, 4117 33rd Street, 2207 23nd Street, 1924 21st Street, 4118 30th Street and 2312 15th Street sold individually at $1,476,500.00) represents a substantial saving, effectively lowering the overall investment cost. Let's delve a little deeper into the numbers: Gross Potential Rent: The current monthly lease revenue of $12,355 translates to an annual potential rent of $148,260. Discounted Purchase Price: Taking advantage of the 2.5% discount reduces the total purchase price to $1,439.500.00 ($37K savings. Bring all offers! Potential Return: While we don't have all the expense information, these figures allow you to calculate a preliminary gross rental yield, which can help assess the potential return on investment.
MLS# 202550346

Courtesy Of Keller Williams Realty

(806) 771-7710

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Microwave, Washer
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Fireplace
    Fireplace
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    0.17 Acres
  • Rooms
    Dining Room, Family Room, Kitchen, Living Room

Map and Directions

Directions to 2708 24th Street, Lubbock, TX 79410
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Home seller CENTURY 21 Kearney & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Kearney & Associates

(806) 783-0020
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,233
  • Property Taxes
    $308
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,541

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

R. Wilson Elementary School

Grades PK-5 Public School


Lubbock, TX 79410 0.1 miles
2807 25th st

562 total students
15:1 Student teacher ratio

Hutchinson Middle School

Grades 6-8 Public School


Lubbock, TX 79410 0.5 miles
3102 canton ave

894 total students
15:1 Student teacher ratio

Lubbock High School

Grades 9-12 Public School


Lubbock, TX 79401 1 miles
2004 19th st

1919 total students
16:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Brown Elementary School 0.9 miles Public PK-5 D+
Dupre Elementary School 0.9 miles Public PK-5
Overton Elementary School 1.1 miles Public PK-5 B-
Wheelock Elementary School 1.1 miles Public PK-5 C
Homebound 1.3 miles Public PK-8
O. L. Slaton Middle School 1.3 miles Public 6-8 D+
Ramirez Elementary School 1.4 miles Public PK-5 A
Bean Elementary School 1.5 miles Public PK-5 C
Triumph Public High Schools-lubbock 1.6 miles Public 9-12 D
El For Education Innovation 1.6 miles Public KG-4 D-
Monterey High School 1.6 miles Public 9-12 C-
Mcwhorter Elementary School 1.7 miles Public PK-5 B-
Jackson Elementary School 1.7 miles Public PK-5
St Luke's Preschool 1.7 miles Private PK-KG
Richard Milburn Academy Lubbock 1.7 miles Public 9-12 F
Commander William C Mccool Academy 1.8 miles Public 6-7 C+
Maedgen Elementary School 1.9 miles Public PK-5 A

Brown Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-5

D+

Dupre Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-5

Overton Elementary School

Distance: 1.1 miles

Type Public

Grades: PK-5

B-

Wheelock Elementary School

Distance: 1.1 miles

Type Public

Grades: PK-5

C

Homebound

Distance: 1.3 miles

Type Public

Grades: PK-8

O. L. Slaton Middle School

Distance: 1.3 miles

Type Public

Grades: 6-8

D+

Ramirez Elementary School

Distance: 1.4 miles

Type Public

Grades: PK-5

A

Bean Elementary School

Distance: 1.5 miles

Type Public

Grades: PK-5

C

Triumph Public High Schools-lubbock

Distance: 1.6 miles

Type Public

Grades: 9-12

D

El For Education Innovation

Distance: 1.6 miles

Type Public

Grades: KG-4

D-

Monterey High School

Distance: 1.6 miles

Type Public

Grades: 9-12

C-

Mcwhorter Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

B-

Jackson Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

St Luke's Preschool

Distance: 1.7 miles

Type Private

Grades: PK-KG

Richard Milburn Academy Lubbock

Distance: 1.7 miles

Type Public

Grades: 9-12

F

Commander William C Mccool Academy

Distance: 1.8 miles

Type Public

Grades: 6-7

C+

Maedgen Elementary School

Distance: 1.9 miles

Type Public

Grades: PK-5

A

Local area information for Lubbock, TX 79410

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Lubbock, TX 79410

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are below the national average.

93° July
Hottest Average Month

25° January
Coldest Average Month
3,762 Total Households in Area
24.7%
of households
have children
13 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Lubbock, TX 79410

Lubbock, TX 79410 has a population of 11,627 people in 3,762 households with a median age of 27.2 years old.

Up 2.2%
Increase in population
since the year 2010

Population is Trending up
3,650
Total households as of 2010
Up
4.6%

Community Population By Age

Community Population By Ethnicity

White 53%
Hispanic 23%
Black 17%
Asian 8%
Other 8%
Native American 2%

Economics
for Lubbock, TX 79410

4,612 /sq mi
Population Density
$45,516 /yr
Median Household Income
$220,000
Median Sales Price
13 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 85%
  • Walk or Bike 10%
  • Work from Home 5%
  • Public Transit 0%

Occupancy by Type

Rented 2,359 54%
Owned 1,402 32%
Vacant 612 14%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Family & Education Facts
for Lubbock, TX 79410

27.2 Median Age

Average Household Size

2.3
persons per
household

32.2%

Married Households

Community Population By Education

Graduate Degree 25%
Bachelors Degree 23%
Some College 21%
High School Graduate 16%
Some High School 10%
Associates Degree 5%

Household Family Expenses vs National Average

24.7% of households have children

Weather
for Lubbock, TX 79410

The weather for this area ranges from a high of 93° F in July to a low of 25° F in January

93° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
53°
Feb
28°
58°
Mar
34°
66°
Apr
44°
75°
May
54°
83°
Jun
63°
91°
Jul
66°
93°
Aug
65°
91°
Sep
58°
84°
Oct
46°
75°
Nov
35°
63°
Dec
27°
55°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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