2627 E Cornell StreetLubbock, TX 79403

Description

Welcome to 2627 E Cornell — a great opportunity for investors looking for a performing property with built-in upside. This home is currently occupied by a long-term tenant, providing immediate stability and consistent occupancy. The property is currently under-rented, offering a clear opportunity to increase returns with a light cosmetic refresh. The home is in overall stable condition with no major repairs needed, making it an ideal candidate for improvements that can quickly bring rents up to market levels—without the need for a full renovation. Located in the Parkway/Cherry Point area of East Lubbock, this property sits in a rental market known for affordability and steady demand, making it a reliable option for long-term holds. Priced at approximately 85% of market value, this is a strong opportunity to step into a property that already performs, with the ability to maximize cash flow over time. Whether you're expanding your portfolio or looking for a manageable value-add investment, this one offers a solid combination of stability, flexibility, and future upside.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1964

Living area

912 Sq Ft

Lot size

0.16 acres

Days on market

36

MLS^® Listing#

202613127

Property Features

Interior

Other

Exterior

None · Other

Cooling

Central Air

Heating

Central

Parking

Driveway

Construction

Unknown

Foundation

Slab

Roof

Composition

Financial Details

Annual taxes

$683

Parcel number

R137162