tomo logo

$219,500

Beds
3
Baths
3.0
sq ft
1,963

3508 42nd St, Lubbock, TX 79413

3508 42nd St

Lubbock, TX 79413

  • 119 days on market
    • Price drop $5,500↓
This home is centrally located, straight shot to Texas Tech and the Medical District. Very convenient to shopping and easy access to the loop. Fresh paint on the inside, some new flooring, new commodes for the 3 bathrooms, yes I said 3 bathrooms. Two large living areas, isolated primary bedroom off the family room, large kitchen with lots of cabinets. Second bedroom has its own bathroom and shower while the 3rd bedroom shares the 3rd bathroom with the hallway. Small sunroom that is not included in the sq ft total. Two storage buildings in the back. Lots of good space for you to enjoy.

Details

Property type

Single Family Residence

Est. home value

$205,502

Lot size

7,800 sq ft

Price per sq ft

$112

Year built

1954

Price History

01/14/2025
Lubbock

Lubbock #202414825

Price change
$219,500
-2.44%
10/31/2024
Lubbock

Lubbock #202414825

Listed
$225,000
08/06/2021
Lubbock

Lubbock #202105922

Removed

Schools & Community

Neighborhood: 

Maedgen Area

Elementary school: 

Maedgen

Middle school: 

Hutchinson

High school: 

Monterey

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

$105,853
Asking price
$219,500
Closing costs (~8% of asking)
-$17,560
Est. remaining loan balance
-$96,087
Cash to seller
$105,853

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

Seller’s Loan History

Lender

Royal United Mortgage Llc

Loan start date

August 2021

Original loan amount

$120,750

Est. remaining balance

$96,087

Interest rate

2.24%

Loan type

New Conventional, 15 year

Seller

Don Burnett and Kathryn Burnett

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?

Similar Homes Nearby

Price drop
Lubbock
$219,900
3 bd
|
2.5 ba
|
2,495 sq ft
|
House

2509 57th St, Lubbock, TX 79413

Lubbock
$244,900
3 bd
|
2.5 ba
|
1,891 sq ft
|
House

3702 39th St, Lubbock, TX 79413

Pending
Lubbock
$239,000
3 bd
|
2.5 ba
|
2,431 sq ft
|
House

2520 56th St, Lubbock, TX 79413

Status: Active

Tomo last checked: 02/27/2025 at 12:30 AM

Listing updated: 02/10/2025 at 6:58 PM

Listed by: Scott Toman, RE/MAX Lubbock Phone #: (806) 799-4200

MLS: Lubbock #202414825

Lubbock logo

Recently listed in Lubbock

$1,250,000|4 bd|4.5 ba|House
$660,000|4 bd|3.0 ba|House
$160,000|2 bd|2.0 ba|House
$127,000|3 bd|1.5 ba|House
$110,000|2 bd|1.0 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