1802 38th Street, Lubbock, TX 79412

$80,000

bedrooms

bathrooms

square feet

1,128

Acreage

0.15

Open Houses

year built

1943

Full Baths

Half Baths

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Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect project for Investors or DIY enthusiasts Investor special with immense profit potential ($25,000 gross margins) Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1200-1400 per month market rent. Currently occupied until early next year! Cash or Hard money loan only.

Location
Subdivision	-
County	Lubbock
Elementary School	Bean
Middle School	Slaton
High School	Monterey

Driving directions

Open houses

None scheduled.

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MLS number: 202416555

Listing agent: Stephen Bearden

Listing broker: Lubbock Discount Realty (806) 577-4677

Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:47 p.m. EDT

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