4712 29th StLubbock, TX 79410

Investor opportunity with income already in place — no searching for tenants, no waiting for lease-up, and no starting from zero.

Welcome to 4712 29th Street, a spacious 4-bedroom, 2-bath home offering approximately 2,217 square feet in an established Lubbock neighborhood. The property is currently occupied by four tenants with a lease in place through July 1, 2027, generating $2,250 per month / $27,000 in annual gross rental income. Tenants pay their own utilities, making this an especially attractive opportunity for an investor looking to add an already-performing property to their portfolio.

Inside, the home offers the space and functionality that make a four-bedroom property appealing to both renters and future owner-occupants, along with an updated kitchen and bathroom and plenty of room to live, work and entertain. Walking distance to the Medical Corridor (UMC/TTUHSC/Grace/Covenant) AND plenty of local shops and restaurants!!

Things I love about this property:

Cash flows around $800+ Updated, Large Kitchen with updated appliances. Updated light fixtures and finishes with stainless steel appliances. (4) Security Cameras installed around perimeter of house with access by smart phone app. Security system installed, just needs to be transferred to new owner. Brand new Nest Thermostat. Large Master Bedroom with access to patio right outside the door. Low maintenance yard. Tenants pay for utilities - water, gas, electric, trash Lower than average taxes