Description

Investor Alert - Outstanding Value-Add & Cash Flow Opportunity! Welcome to 4317 31st Street, a spacious 4-bedroom, 3-bathroom home offering incredible flexibility for homeowners and investors alike. This property has been a successful student rental for years, making it an excellent opportunity for those seeking strong rental income and long-term investment potential in a highly convenient Lubbock location. Inside, you'll find a functional floor plan with generous living spaces, abundant natural light, and plenty of room for tenants, roommates, or a growing family. The kitchen offers ample cabinet storage and counter space, while the multiple bedrooms and bathrooms provide flexibility and privacy. For investors looking to increase returns, this property presents a great value-add opportunity with the potential to further enhance rental income and overall value. Step outside to a huge backyard featuring a covered patio, creating the perfect space for entertaining, relaxing, or enjoying West Texas evenings. Conveniently located near Texas Tech University, shopping, dining, parks, and major thoroughfares, this property continues to be a highly desirable rental option. Also available for lease at $2,200 per month, this home offers multiple paths to ownership, investment, and income generation. Whether you're looking to expand your portfolio or secure a property with proven rental history, 4317 31st Street is a must-see. Schedule your private showing today!

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Property information

Property type

Residential

Sub-type

Single Family Residence

Year built

1965

Living area

1,951 Sq Ft

Lot size

0.18 acres

Annual taxes

$2,746

Price / Sq Ft

$115

Days on market

2

Parcel number

R29454

Features

Interior

Ceiling Fan(s) · Open Floorplan · Pantry · Storage

Cooling

Ceiling Fan(s) · Central Air · Electric

Heating

Central · Natural Gas

Parking

Driveway

Foundation

Slab

Roof

Composition

Construction

Brick

Exterior

Private Yard