TX
Lubbock
Lubbock
79411
1516 27th st ST
1516 27th st ST, Lubbock, TX 79411
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Listing Type
other
Listing Status
Active
5
$125,000

Home Details for 1516 27th st ST

Price
$125,000
Type
Residential Income
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Year built
1943
Lot size acres
0.1537
County
Lubbock
Days on site
45
MLS Listing#
21320356
Property Description

Excellent investment opportunity with immediate income potential! This property features a tenant-occupied 2-bedroom, 1-bath main home currently leased at $700 per month, plus a fully renovated 1-bedroom, 1-bath detached ADU completed in 2025. The ADU was previously leased for $830 per month and is now vacant, offering the flexibility to place a new tenant at market rates or use the space for extended family, guests, or a home office (buyer to verify permitted uses). The recent renovation of the ADU provides a fresh, move-in-ready space, while the established rental in the main home offers immediate cash flow. Conveniently located near Texas Tech University, downtown Lubbock, medical facilities, shopping, and dining, this versatile property is ideal for investors looking to expand their portfolio or buyers seeking a home with additional income potential. Don't miss this opportunity to own a property with two separate living spaces and strong rental possibilities!

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Property Features
  • Parking
    • Additional Parking
    • On Street
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Other
  • Water Features
    • Public
  • House Interior
    • Other
School Information
School Information for 1516 27th st ST, Lubbock, TX 79411
Elementary School
Brown
Middle School
Slaton
High School
Lubbock
Listing Courtesy: Real Broker, LLC - 855-450-0442
Presented by: Kensey Chase
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-08-03 16:59:48
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EXIT REALTY OF LUBBOCK
2405 W. Loop 289 Suite 100, Lubbock, TX 79407
Office
806 771 3900
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