Investor or Flipper Opportunity in Central Lubbock!
3 Bedroom, 2 Bath, 2 Car Garage is perfect for investors or flippers. Located across the street from an elementary school. This property offers great bones with functional floor plan, spacious living area and generous bedroom sizes. This home is ready for updates and improvements. There is an optional HOA that would include access to the community pool and clubhouse. Being sold as-is.
Sold on 08/07/25
Price Unknown
3101 40th St, Lubbock, TX 79413
3beds
1,609sqft
Single Family Residence, Residential
Built in 1952
0.42 Acres Lot
$141,500 Zestimate®
$--/sqft
$1,497 Estimated rent
Home value
$141,500
$132,000 - $153,000
$1,497/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 08, 2025 at 11:48am
Listed by:
Allison Pace TREC #0680131 806-786-9800,
WestMark Companies,
Linda Gaither TREC #0423302 806-441-6000,
WestMark Companies
Bought with:
Jessica Qualls, TREC #0729712
Exit Realty of Lubbock
Source: LBMLS,MLS#: 202557338
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Carpet Flooring
- Area: 207.87 Square Feet
- Dimensions: 12.30 x 16.90
Bedroom 1
- Features: Carpet Flooring
- Area: 187.2 Square Feet
- Dimensions: 13.00 x 14.40
Bedroom 2
- Features: Carpet Flooring
- Area: 211.95 Square Feet
- Dimensions: 13.50 x 15.70
Dining room
- Features: Carpet Flooring
- Area: 134.07 Square Feet
- Dimensions: 10.90 x 12.30
Kitchen
- Features: Linoleum Flooring
- Area: 222.72 Square Feet
- Dimensions: 12.80 x 17.40
Living room
- Features: Carpet Flooring
- Area: 295.32 Square Feet
- Dimensions: 13.80 x 21.40
Heating
- Central, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Free-Standing Electric Range
- Laundry: None
Features
- Bookcases, Formica Counters, Walk-In Closet(s)
- Flooring: Carpet, Linoleum
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 1,609
- Total interior livable area: 1,609 sqft
- Finished area above ground: 1,609
Property
Parking
- Total spaces: 2
- Parking features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Exterior features: Private Yard
- Fencing: Back Yard,Brick,Wood
Lot
- Size: 0.42 Acres
- Features: Back Yard
Details
- Parcel number: R73023
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: None
Location
- Region: Lubbock
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,200 annually
- Amenities included: Clubhouse, Pool
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2025 | Sold | -- |
Source:  LBMLS #202557338 | ||
| 7/7/2025 | Pending sale | $145,000$90/sqft |
Source: LBMLS #202557338 | ||
| 7/3/2025 | Listed for sale | $145,000$90/sqft |
Source: LBMLS #202557338 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $185,701 +0.6% |
| 2024 | $587 +0.8% | $184,657 +6.5% |
| 2023 | $583 -35.3% | $173,396 +6.5% |
Find assessor info on the county website
Neighborhood: Wheelock & Monterey
Nearby schools
GreatSchools rating
- 4/10Wheelock Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 2/10Slaton Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Monterey High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Wheelock
- Middle: Slaton
- High: Monterey
Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.