tomo logo

$240,000

Beds
4
Baths
2.0
sq ft
2,163

3407 30th St, Lubbock, TX 79410

3407 30th St

Lubbock, TX 79423

  • 13 days on market
Investment Opportunity in a prime location of Lubbock! If you are looking for a great property to add to your portfolio, come take a look at this one. This property is currently rented out at $2300 a month until July 31st, 2025. There is a potential to keep these tenants in place if you choose to do so. This home is in a prime location in the Medical District area of Lubbock which is a walking distance from Covenant Medical and Texas Tech University. With the location, this property could be turned into a medium term rental or short term rental with the right vision and implementation! The property was recently remodeled in 2022 with all new LVP and updated bathrooms! Home has a new roof in 2021 that came with a 5 year workmanship warranty and 30 year limited lifetime warranty. Water heater was replaced in 2022. Come check this one out!

Details

Property type

Single Family Residence

Est. home value

$242,149

Property condition

Updated/Remodeled

Lot size

7,950 sq ft

Price per sq ft

$111

Year built

1950

Annual property taxes

$3,789

Price History

02/13/2025
Lubbock

Lubbock #202550487

Listed
$240,000
04/26/2022
Lubbock

Lubbock #202202736

Removed

Schools & Community

Neighborhood: 

Maxey Park

Elementary school: 

Overton

Middle school: 

Hutchinson

High school: 

Coronado

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

$67,871
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$152,929
Cash to seller
$67,871

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

Seller’s Loan History

Lender

Texas Tech Fcu

Loan start date

April 2022

Original loan amount

$161,500

Est. remaining balance

$152,929

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Alecia Hill and John Gary Hill

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 3:20 AM

Listing updated: 02/17/2025 at 3:57 PM

Listed by: Dylan Bennett, Brick & Loft Realty Phone #: (806) 999-0722

MLS: Lubbock #202550487

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