2415 28th St., Lubbock, TX 79411

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2415 28th St Lubbock TX 79411

Property Description

Great Bones! Perfect Flip Opportunity in Lubbock. This 1,488 square foot, 3 bedroom, 2 bath home with a 2 car garage is located in the hot “Heart of Lubbock” neighborhood . Needs a good clean, full cosmetic overhaul, and a new roof, but has plenty of profit potential.

The Numbers
Estimated After-Repair-Value (ARV) $109,000
Asking Price ($55,000)
Estimated Repairs ($30,000)
Profit Potential $24,000
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Property Photos

Facts and Features
Type Single Family Residence Garage 1 Car, Detached, 312 SF
Year Built 1941 Roof Type Composition
Home Square Feet 1,488 Foundation Type Pier
Lot Size 57×130, 7,345 SF Exterior Material Stucco
Bedrooms 3 Number of Levels 1
Bathrooms 2
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Comparable Homes – Sold Square Feet Sold Price Price Per SF
2111 23rd St 1,425 $90,400 $63.44
2124 29th St 1,428 $102,500 $70.79
2224 21st St 1,354 $107,000 $79.03
2317 20th St 1,350 $109,000 $80.74
AVERAGES 1,389 $102,225 $73.50
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Comparable Homes – Active Square Feet Sale Price Price Per SF
2105 26th St 1,692 $143,775 $84.97
2313 27th St 1,620 $112,500 $69.44
2418 23rd St 1,322 $84,900 $64.22
2315 30th St 1,268 $99,00 $78.07
AVERAGES 1,475 $110,043 $74.15
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DISCLAIMER: House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the property above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Investidom and its members/representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Investidom may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.