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$175,000

Beds
3
Baths
1.0
sq ft
1,080

2402 22nd St, Lubbock, TX 79411

2402 22nd St

Lubbock, TX 79411

  • 128 days on market
    • Price drop $10,000↓
Discover this furnished 3-bedroom, 2-bathroom bungalow conveniently located just blocks away from Texas Tech University. Blending original charm with thoughtful updates, this home offers a cozy retreat in a sought-after location. Step inside to find beautifully refinished original hardwood floors that create a welcoming atmosphere. The kitchen and bathrooms underwent a stylish renovation in 2023, complemented by fresh interior and exterior paint throughout. Recent upgrades include a new HVAC system, improved insulation, and an updated sewer line, ensuring comfort and efficiency for years to come. Situated on a spacious lot, there is ample room for outdoor activities and potential expansion. A second building in the backyard, already equipped with electricity and water, presents an opportunity for guest house conversion or additional storage. Parking is plentiful with lots of off-street space available. The proximity to TTU makes it easy to walk to classes, games, and campus events.

Details

Property type

Single Family Residence

Est. home value

$147,018

Lot size

8,250 sq ft

Price per sq ft

$163

Year built

1929

Annual property taxes

$1,654

Price History

11/07/2024
Lubbock

Lubbock #202409526

Price change
$175,000
-5.41%
07/30/2024
Lubbock

Lubbock #202409526

Listed
$185,000
07/05/2024
Lubbock

Lubbock #202409526

Removed

Schools & Community

Neighborhood: 

Heart of Lubbock

Elementary school: 

Wilson

Middle school: 

Hutchinson

High school: 

Lubbock

School district: 

Lubbock ISD

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

$25,879
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$135,121
Cash to seller
$25,879

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

May 2023

Original loan amount

$137,500

Est. remaining balance

$135,121

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Amerika Torres

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?

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Status: Active

Tomo last checked: 11/08/2024 at 6:20 AM

Listing updated: 11/07/2024 at 11:21 AM

Listed by: Mrs. Lisa Victor, Trebbiano Realty

MLS: Lubbock #202409526

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