tomo logo

$187,000

Beds
3
Baths
2.0
sq ft
1,128

2116 24th St, Lubbock, TX 79411

2116 24th St

Lubbock, TX 79411

  • <1 day on market
Prime Investment Opportunity - 5 Minutes from Texas Tech! Checkout this cozy 3-bedroom, 2-bathroom home built in 2018. This property is the perfect addition to any investor's portfolio! Located just 5 minutes from Texas Tech University, this property offers modern finishes, a functional layout, and a strong rental history. Tenants are already in place, with a current lease at $1,350/month through July 2025. Enjoy a low-maintenance investment with newer construction, close proximity to campus, and easy access to shopping, dining, and entertainment. Don't miss this turnkey rental opportunity in a prime location!

Details

Property type

Single Family Residence

Est. home value

$166,951

Lot size

7,000 sq ft

Price per sq ft

$166

Year built

2018

Annual property taxes

$2,484

Price History

02/26/2025
Lubbock

Lubbock #202550980

Listed
$187,000
01/28/2025
Lubbock

Lubbock #201808913

Removed
04/26/2023
Lubbock

Lubbock #202303608

Removed

Schools & Community

Neighborhood: 

Heart of Lubbock

Elementary school: 

Dupre

Middle school: 

Slaton

High school: 

Lubbock

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$29,182
Asking price
$187,000
Closing costs (~8% of asking)
-$14,960
Est. remaining loan balance
-$142,858
Cash to seller
$29,182

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Newrez Llc

Loan start date

April 2023

Original loan amount

$145,800

Est. remaining balance

$142,858

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Westin Hayes and Melanie Hayes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/26/2025 at 9:05 PM

Listing updated: 02/26/2025 at 4:17 PM

Listed by: Saylor Carver, Progressive Properties Phone #: (806) 794-7777

MLS: Lubbock #202550980

Lubbock logo

Recently listed in Lubbock

$1,250,000|4 bd|4.5 ba|House
$160,000|2 bd|2.0 ba|House
$127,000|3 bd|1.5 ba|House
$660,000|4 bd|3.0 ba|House
$82,000|2 bd|1.0 ba|House
$136,500|2 bd|1.0 ba|House
$255,750|3 bd|2.0 ba|House
$320,000|5 bd|3.0 ba|House