Pending

$59,000

706 29th St, Lubbock, TX 79404

3beds

1,164sqft

Est.:

Package Property, Multi Family

Built in 1939

-- sqft lot

$-- Zestimate^®

$51/sqft

$-- HOA

What's special

Part of an Investor-friendly 8-property portfolio offering strong occupancy with significant rent-growth and cosmetic value-add potential. All homes are tenant-occupied with consistent rental history but would benefit from light updates to push rents to current market rates. Ideal for BRRRR investors or portfolio builders seeking stabilized cash flow with clear upside. Properties include a mix of 2-3 bedroom homes located in accessible rental areas. Opportunity to reposition these units with minor repairs, improved tenant placement, and rent optimization. Portfolio to be sold only as a group—no individual property sales. Current rents, pro-forma, and financials available upon request.

168 days

201

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Other

Cooling

Other

Interior area

Total structure area: 1,164
Total interior livable area: 1,164 sqft
Finished area above ground: 1,164

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Lot

Size: 6,098.4 Square Feet

Details

Parcel number: R87714

Construction

Type & style

Home type: MultiFamily
Property subtype: Package Property, Multi Family

Materials

Unknown
Roof: Composition

Condition

New construction: No
Year built: 1939

Community & HOA

Location

Region: Lubbock

Financial & listing details

Price per square foot: $51/sqft
Tax assessed value: $74,479
Annual tax amount: $1,278
Date on market: 3/4/2026
Cumulative days on market: 170 days
Listing terms: 1031 Exchange,Cash,Conventional,Private Financing Available
Tenant pays: All Utilities
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$819/mo

Price history

Date	Event	Price
3/24/2026	Pending sale	$59,000$51/sqft
Source: LBMLS #202561994 Report a problem
12/3/2025	Price change	$59,000-25.3%$51/sqft
Source: LBMLS #202561994 Report a problem
10/18/2025	Listed for sale	$79,000+58.3%$68/sqft
Source: LBMLS #202561994 Report a problem
7/24/2024	Listing removed	--
Source: Zillow Rentals Report a problem
5/7/2024	Listed for rent	$750$1/sqft
Source: Zillow Rentals Report a problem
10/29/2021	Listing removed	--
Source: LBMLS #202109483 Report a problem
9/30/2021	Contingent	$49,900$43/sqft
Source: LBMLS #202109483 Report a problem
9/15/2021	Listed for sale	$49,900$43/sqft
Source: LBMLS #202109483 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,318 +3.1%	$74,479 -25.6%
2024	$1,278 +17.2%	$100,124 +25%
2023	$1,091 +11.5%	$80,124 +2.6%
2022	$978 +83.5%	$78,056 +211.4%
2021	$533 -17%	$25,065 -16.4%
2020	$642 +14%	$29,994 +15.7%
2019	$564 -3.3%	$25,917
2018	$583	$25,917
2017	$583 +1.2%	$25,917
2016	$576	$25,917 +0.1%
2015	$576	$25,894
2014	$576	$25,894
2013	--	$25,894
2012	--	$25,894
2011	--	$25,894
2010	--	$25,894 +4.8%
2009	--	$24,700 -4.6%
2008	--	$25,894 -5.9%
2007	--	$27,510
2006	--	$27,510
2005	--	$27,510
2004	--	$27,510 +21.8%
2003	--	$22,589 +22.2%
2002	$458 +8.3%	$18,485 +8.1%
2001	$423 +0.7%	$17,105
2000	$420	$17,105