This 3-bedroom, 2-bath home with a 1-car garage is a prime opportunity for investors looking for immediate cash flow and long-term value. Both sides are leased through December, offering stability from day one. The property features renter-friendly finishes designed for durability and easy maintenance—ideal for minimizing turnover costs. Located in a high-demand rental area, this home is a low-hassle addition to any portfolio. Don't forget the potential tax benefits that come with owning income-producing real estate.
For sale
$125,000
3421 E Bates St, Lubbock, TX 79403
3beds
1,152sqft
Est.:
Package Property, Multi Family
Built in 2020
-- sqft lot
$-- Zestimate®
$109/sqft
$-- HOA
What's special
- 2 days
- on Zillow |
- 249 |
- 5 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 12:15am
Listed by:
Nicole Turnbow TREC #0792422 806-831-8773,
Modern Day Living RE LLC
Source: LBMLS,MLS#: 202553521

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Luxury Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
- Finished area above ground: 1,152
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Lot
- Size: 7,840.8 Square Feet
Details
- Parcel number: R129413
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Package Property, Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2020
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $122,477
- Annual tax amount: $2,270
- Date on market: 4/24/2025
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,USDA Loan,VA Loan
- Tenant pays: All Utilities
- Road surface type: Paved
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