Hive Centra
Chuck Deleon
714 29th Street, Lubbock, TX 79404 photo 1
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$115,000
714 29th Street, Lubbock, TX 79404
Lubbock, TX, 79404 · MLS #20260806115544901433000000
Trending match
2
beds
2
baths
1,056
sqft
1962
built

About this home

Exceptional Investment Opportunity with Future Development Potential! Don't miss this income-producing duplex situated on an expansive 12,000 sq. ft. lot offering both immediate cash flow and exciting future possibilities. Each of the two 1-bedroom, 1-bath units is currently tenant-occupied with leases in place through Spring 2027, providing stable rental income from day one. The property has been refreshed with recent interior paint and updated flooring, and appliances are included, making this a turnkey investment for your portfolio. What truly sets this property apart is its zoning, which allows for up to four residential units (buyer to verify with local planning authorities). With the potential to add two additional units, investors have an opportunity to increase rental income and maximise the property's long-term value. Ideally located within walking distance of local businesses, shopping, restaurants, gas stations, and employment centers, the property offers the convenience today's renters are looking for. Quick freeway access makes commuting simple and further enhances its rental appeal. Whether you're seeking dependable rental income today or exploring future expansion opportunities, this property offers a rare combination of cash flow, location, and development potential. Schedule your showing and discover the possibilities this exceptional investment has to offer.

Property facts

Type
Residential Income
Year built
1962
Square feet
1,056
Days on market
62
Status
Active

Location

Monthly estimate

$830/mo
Principal + interest$597
Property tax (1.68%)$161
Insurance$72

Down 20%$23,000 down
Rate 6.75%$92,000 financed

Estimate only. Property tax and insurance use TX area averages; your actual cost depends on the assessed value, lender, credit, and any HOA.

Listing Data
Listing courtesy of Aycock Realty Group, LLC
806-778-5956Last updated Oct 06, 2026, 03:54 PM
Listing data is provided by participating brokers and is for consumer personal, non-commercial use only. Data deemed reliable but not guaranteed; buyers should independently verify all information.
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