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3403 20th Street, Lubbock, TX 79410

$499,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 2,645 Lot Size (sq. ft.): 8,025 Status: Closed
Current Price: $499,000 List Date: 12/05/2024 Last Modified: 3/26/2025

Description

This is an unmatched investment opportunity located across from Texas Tech University's United Spirit Arena.This exclusive gem offers consistent rental income of $4500 monthly with potential for even greater returns through short-term rentals like Airbnb. Come discover the best property near Tech and the Medical District: perfect for residence, students, alumni, and investors looking for a one-of-a-kind opportunity. With rich history, vibrant Red Raider spirit, and a lively atmosphere, this property is renowned as the best pregame and tailgating spot near campus. The main house is a showcase of comfort and character, featuring 4 bedrooms, 2 full baths, and 2 half baths. The house has been extensively remodeled, combining modern design with historical charm. The backhouse is an inviting and private retreat, featuring 1 bedroom, 1 bath, and a cozy living area with a kitchenette that includes a refrigerator and microwave. It has a new HVAC and water heater. Furniture is negotiable.

Supplements: ********

More Information MLS# 202416574

Contract Information

Current Price: $499,000 Original List Price: 499000 List Price: $499,000 Status: Closed Listing Contract Date: 2024-12-05 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Owner Name: Al Patton Properties L L C Occupant Type: Tenant

Location Tax and Legal

Street Number: 3403 Street Name: 20th Street Suffix: Street County: Lubbock State: TX Postal Code: 79410 Zone: 3

General Property Information

Bedrooms Total: 5 Bathrooms Full: 3 Bathrooms Half: 2 Total Bathrooms: 5 Above Grade Finished Area: 2645 Above Grade Finished Area Source: Public Records Living Area: 2645 Accessibility Features YN: No Year Built: 1947 Garage YN: No Carport YN: Yes Carport Spaces: 2 Lot Size Acres: 0.1842 Lot Size Square Feet: 8025 Lot Size Source: Public Records Association YN: No Basement YN: No Stories Total: 2 Fireplace YN: Yes Fireplaces Total: 1 Accessory Dwelling Unit YN: Yes Sold Price/Acre: 2744444.44 Sold Price/SqFt: 186.77

Remarks and Miscellaneous

Public Historical Remarks: Survey Available: Yes, Surveillance System: Yes, # Wells: 0, Living Room Features: Special Ceiling, Will Divide: No Public Remarks: This is an unmatched investment opportunity located across from Texas Tech University's United Spirit Arena.This exclusive gem offers consistent rental income of $4500 monthly with potential for even greater returns through short-term rentals like Airbnb. Come discover the best property near Tech and the Medical District: perfect for residence, students, alumni, and investors looking for a one-of-a-kind opportunity. With rich history, vibrant Red Raider spirit, and a lively atmosphere, this property is renowned as the best pregame and tailgating spot near campus. The main house is a showcase of comfort and character, featuring 4 bedrooms, 2 full baths, and 2 half baths. The house has been extensively remodeled, combining modern design with historical charm. The backhouse is an inviting and private retreat, featuring 1 bedroom, 1 bath, and a cozy living area with a kitchenette that includes a refrigerator and microwave. It has a new HVAC and water heater. Furniture is negotiable.

Status Change Information

Major Change Timestamp: 2025-03-26T17:57:40Z Major Change Type: Status Change Status Change Timestamp: 2025-03-26 Purchase Contract Date: 2025-01-03 Projected Closing Date: 2025-03-13 Close Date: 2025-03-13 Buyer Financing: Cash

Accessory Dwelling Unit Information

ADU Bedrooms: 1 ADU Rented YN: Yes ADU Monthly Income: 900

Title Company Information

Title Company: Service Title Slide Title Company Address: 11421 Slide Road, Lubbock, TX 79424 Title Company Fax: (806) 368-9502 Title Company Phone: (806) 368-9507

Utility and Additional Feature Info

Does it Convey?: Yes

Property Features

Accessory Dwelling Unit Features: ADU Efficiency Appliances: Cooktop; Dishwasher Construction Materials: Brick Cooling: Central Air; Electric; Gas Exterior Features: Outdoor Kitchen Fencing: Fenced Fireplace Features: Living Room Foundation Details: Pillar/Post/Pier Heating: Central; Electric; Natural Gas Interior Features: Pantry Listing Terms: Cash; Conventional Lot Features: Corner Lot Other Equipment: None Parking Features: Carport; Off Street; Other Patio And Porch Features: Covered; Patio Road Surface Type: Paved Roof: Composition Security Features: Security System Leased Special Listing Conditions: Standard Room Types: Kitchen; Living Room

Room Information

Kitchen Living Room
Listing Office: Kim & Company, REALTORS
Listing Agent: Kyla Sell
Last Updated: March - 26 - 2025
Information deemed reliable but not guaranteed.

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