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$189,900

Beds
2
Baths
1.0
sq ft
1,199

3105 31st St, Lubbock, TX 79410

3105 31st St

Lubbock, TX 79410

  • 32 days on market
    • Price drop $6,100↓
Tech Terrace home full of updates and character for under 200k. The property was amplified by the current owners, literally. The entire house was rewired by a reputable electric company, which upgraded the circuits to 220V and installed new components inside and out. The property is enhanced by the sharp paint job, making the curb appeal top notch. This 2/1/1 home boasts a large living room, original hardwood floors throughout, and ample natural lighting, making it truly unique. Spacious rooms, a beautiful kitchen, and prime location have kept it tenant occupied. The bus stop that takes students to Texas Techs campus is three houses away! Don't let this rare opportunity to buy prime real estate at this price point pass you by. Reach out to your agent to schedule a showing.

Details

Property type

Single Family Residence

Est. home value

$183,136

Lot size

7,405 sq ft

Price per sq ft

$159

Year built

1955

Annual property taxes

$2,556

Price History

01/26/2025
Lubbock

Lubbock #202501356

Listed
$189,900
03/13/2023
Lubbock

Lubbock #202213487

Removed

Schools & Community

Neighborhood: 

Tech Terrace

Elementary school: 

Wilson

Middle school: 

Hutchinson

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

$86,724
Asking price
$189,900
Closing costs (~8% of asking)
-$15,192
Est. remaining loan balance
-$87,984
Cash to seller
$86,724

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2023

Original loan amount

$96,500

Est. remaining balance

$87,984

Interest rate

5.28%

Loan type

New Conventional, 15 year

Seller

Zoe Georgopoulos Horton and Miles Barrett Horton

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: 02/27/2025 at 12:10 AM

Listing updated: 02/10/2025 at 6:50 PM

Listed by: Thanasi Georgopoulos, Exit Realty of Lubbock Phone #: (806) 771-3900

MLS: Lubbock #202501356

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