Address
706 29th Street, Lubbock, TX
Price
$ 59,000
Property Attributes
  • MLS#202605962
  • TypeSingle Family
  • Listing Status Active
  • CountyLUBBOCK
  • CityLubbock
  • Area2
  • Neighborhood211
  • Zip79404
  • StyleSingle Family Residence
  • Year Built1939
  • Taxes$ 1317
  • Price$ 59,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1164
  • Lot Size0.14 Acres
Data Source:
Lubbock MLS (LARMLS)
Property Description

Welcome to 706 29th St — a solid investment opportunity in an established Central Lubbock neighborhood known for consistent rental demand. This property is currently leased at $750/month, with a long-term tenant who would like to remain, offering immediate and reliable income from day one. For investors looking for stability, it doesn't get much more straightforward than this. Even better, the property is priced at approximately 72% of its market value, creating a built-in equity position with room for future appreciation. Located just minutes from Texas Tech University and downtown Lubbock, this area continues to attract tenants due to its convenience, accessibility, and affordability. It's a proven rental pocket with ongoing demand. Whether you're looking to expand your portfolio with a low-maintenance rental or secure a property with strong fundamentals, this one checks the boxes: cash flow, tenant stability, and below-market pricing. Opportunities like this—occupied, performing, and priced right—don't last long.

Price History
5/5/2026 Listed $59,000

General Features

Heating Other
Cooling Other
Roof Composition
Appliances Other
Security Features None
Construction Materials Unknown
Year Built 1939
Property Subtype Single Family Residence
County Lubbock
New Construction No
Property Type Residential
HOA No
Attached Garage No
Garage Y/N No
Full Baths 1
Status Active
City Lubbock
Senior Community Y/N No
High School District Lubbock ISD
MLS Area 2
Lot Size Units Acres
Lot Size Square Feet 6250.0
Carport Y/N No
Property Attached Y/N No
Tax Annual Amount 1317.0
Home Warranty Y/N No
Property Condition Updated/Remodeled
Lease Renewal Y/N No
MLS Area Minor 2
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
MobileHomeRemainsYN No
Legal Description Morning Side Blk 8 L 16

Interior Features

Interior Amenities Other
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1164.0
Total Bedrooms 3
LivingAreaSource Public Records
Above Grade Finished Area Source Public Records
Total Baths 1

Exterior Features

Exterior Amenities None,Other
Parking Features Driveway
Lot Size Area 0.14
Foundation Details Pillar/Post/Pier
Spa No
Building Area Total 1164.0
Lot Size Acres 0.14
Road Surface Type Paved
Lot Size Source Public Records
Waterfront Y/N No
Road Frontage Type City Street
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 79404

Price
AVG $110K
$60K
Taxes
AVG $1,285
$1,317
Year Built
AVG 1972
1939
Visits
AVG 2
76
Data Provided by Inside Real Estate®