Description

Investor Opportunity with Exceptional Cash-Flow Potential! Welcome to 4401 28th Street, a spacious 4-bedroom, 3-bathroom home situated on a desirable corner lot in an established Lubbock neighborhood. Whether you're looking for your next investment property or a home with room to add value, this property offers an outstanding opportunity with strong upside potential. This home has been an incredible student rental for years, consistently attracting tenants thanks to its functional layout, generous living spaces, and prime location near Texas Tech University. Inside, you'll find a versatile floor plan with abundant natural light, spacious bedrooms, and plenty of room for roommates, guests, or a growing family. For investors, the property presents a great value-add opportunity with significant potential to increase income and equity over time, making it an attractive addition to any portfolio. Outside, you'll appreciate the beautiful landscaping, a welcoming backyard retreat featuring a large patio with attractive decking, and a huge storage shed that provides ample space for tools, equipment, or additional storage needs. The spacious yard offers plenty of room for entertaining, relaxing, or enjoying West Texas evenings. Conveniently located near Texas Tech University, shopping, dining, parks, schools, and major roadways, 4401 28th Street combines location, functionality, and investment potential. With its proven rental history and tremendous cash-flow opportunity, this property is ideal for investors, owner-occupants, or parents looking to house students near campus. The property is also available for lease at $2,500 per month, creating additional flexibility and income potential. Don't miss this rare opportunity--schedule your private showing today!

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Property information

Property type

Residential

Sub-type

Single Family Residence

Year built

1961

Living area

2,149 Sq Ft

Lot size

0.16 acres

Annual taxes

$3,154

Price / Sq Ft

$121

Days on market

9

Parcel number

R41037

Features

Interior

Ceiling Fan(s) · Pantry · Storage

Cooling

Ceiling Fan(s) · Central Air · Electric

Heating

Natural Gas

Parking

Driveway

Foundation

Slab

Roof

Composition

Construction

Brick

Exterior

Private Yard