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Homes for sale in Lubbock, TX | 1516 27Th St, Lubbock, TX 79411 | MLS# 21320356
Homes for sale in Lubbock, TX | 1516 27Th St, Lubbock, TX 79411 | MLS# 21320356
Homes for sale in Lubbock, TX | 1516 27Th St, Lubbock, TX 79411 | MLS# 21320356
Homes for sale in Lubbock, TX | 1516 27Th St, Lubbock, TX 79411 | MLS# 21320356
Homes for sale in Lubbock, TX | 1516 27Th St, Lubbock, TX 79411 | MLS# 21320356
1
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$130,000

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths

    2 full baths

  • Beds Icon--sqft

1516 27Th St, Lubbock, TX 79411

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  • Multi Family

  • Built in 1943

  • $-- HOA

  • 6,694 sqft lot

  • --/sqft

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 L...

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  • Houzeo last checked: 55 minutes ago
  • Listing updated: July 7, 2026 at 8:55 pm
  • Listing Provided by: Kensey Chase (940) 231-8775 | Real Broker, LLC (855) 450-0442
  • Source: NTREIS MLS-TX | MLS#: 21320356 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Lubbock County

  • City

    Lubbock

  • Neighborhood

    --

  • Year Built

    1943

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    6,694 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    21320356

  • MLS Status

    Active

  • Cumulative Days on Market

    5

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