$1,544

closing credit¹

8601 Memphis Dr Unit C55 Lubbock, TX 79423

$130,000
1 bed
1 full
992 sqft
0.04 acres
$131 / sqft
Condo

Property details

About 8601 Memphis Dr Unit C55

Attention investors and Texas Tech parents!! This is your chance to own a fully furnished & updated condo in the wonderful Raintree Manor Condominium Complex! Enjoy the stellar location in South Lubbock just one block away from The Premier Sportsplex Gym and two blocks away from the Charles A Guy park. There is an HOA fee of $130/month that covers water, trash, sewer and provides access to a swimming pool + one covered parking space! This unit was previously leased for 16 months @ $1,375/month. (Lease ended August 31st, 2024.) Whether you have been searching for a turn-key short/mid/long term rental or you are an individual looking for a move-in ready property, this property truly checks all the boxes! Schedule a showing to see everything this property has to offer.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size992 sqft
Lot size0.04 Acres
Year built1983
ParkingCarport, Off Street
MLS #202415086
FireplaceLiving Room
Private poolYes

Summary

  • MLS Number: 202415086
  • MLS Name: Lubbock
  • Office Name: Progressive Properties
  • Listing Agent: Sol Carver

Copyright © 2025 Lubbock Association of REALTORS®. All rights reserved.

IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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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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kitchen featuring sink, white appliances, decorative backsplash, and white cabinets

$130,000

8601 Memphis Dr Unit C55

$1,544

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

9

Honey Elementary School

Public District PK-5

0.2 mi

3615 86th St

6

Waters Elementary School

Public District PK-5

1.1 mi

3006 78th St

7

North Elementary School

Public District PK-5

1.3 mi

3202 108th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $65,252. Residents of Lubbock, TX typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
56%
35k-100k
23%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
8%
Single, with Kids
33%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Minor League Baseball GamesMinor League Baseball Games
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • New York & CompanyNew York & Company
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Chick-fil-AChick-fil-A
  • ChipotleChipotle

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • MazdaMazda

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Talk/PersonalityTalk/Personality
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8601 Memphis Dr Unit C55

This home is located at 8601 Memphis Dr Unit C55 in Lubbock, TX and zip code 79423 in the Raintree neighborhood. This 992 square foot home, which was built in 1983, sits on a 0.04 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $130,000.

The number of homes for sale in Lubbock, TX increased by 12.5% between December and January 2025. Listings spent 83 days on the market in January 2025, and had a median list price of $241,754 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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