#202415316, Garrett Kligora, Listing Office: Focus Realty Advisors, Inc.
1518 24th Pl Lubbock, TX 79411
Property details
About 1518 24th Pl
"It's the Catalina Wine Mixer of investment properties!" Don't miss this income-producing 2-bedroom, 1-bathroom property, currently tenant-occupied through 2025! Meeting the 1% rule and delivering an ROI near 11% (at list price, factoring in current taxes, insurance, and a 1% expense/repair budget), this one is a GOLDEN TICKET! Whether you're expanding your portfolio or making your first investment, this cash-flowing gem is an excellent investment... "I don't know how to put this, but it's kind of a big deal." Opportunities like this don't last forever. So don't wait—"Shake and bake, baby!" Add this one to your portfolio today!
Highlights
Summary
- MLS Number: 202551393
- MLS Name: Lubbock
- Office Name: Keller Williams Realty
- Office Phone: (843) 479-6821
- Listing Agent: Jordan Linnenkugel
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Last updated on: 1/30/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$75,000
1518 24th Pl
$891
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $42,656 | $692 |
2023 | $37,233 | $728 |
2022 | $36,001 | $728 |
2021 | $25,500 | $542 |
2020 | $25,877 | $554 |
2019 | $19,928 | $447 |
2018 | $19,928 | $447 |
2017 | $22,092 | $497 |
History based on county public records data.
Nearby schools
4
Bean Elementary School
Public District PK-5
0.4 mi
•3001 Avenue N
1
El for Education Innovation
Public Charter KG-4
0.7 mi
•1500 14th St
3
Brown Elementary School
Public District PK-5
1.2 mi
•2315 36th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,222. The majority of Lubbock, TX residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1518 24th Pl
This home is located at 1518 24th Pl in Lubbock, TX and zip code 79411 in the Slaton-Bean neighborhood. This 672 square foot home, which was built in 1943, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $75,000.
The number of listings in Lubbock, TX decreased by 16.5% between January and February 2025. The median list price of listings available in February 2025 was $244,520, while the average time on the real estate market was 96 days.