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Front exterior — 2507 40th Street, Lubbock, TX 79413
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2507 40th Street, Lubbock, TX 79413
Photo 1 — 2507 40th Street, Lubbock, TX 79413
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Lubbock, TX 79413

$145,000 −3.3% since listing

2507 40th Street, Lubbock, TX 79413

3 BD · 2 BA · 1,446 sq ft · Built 1950

Listing courtesy of Progressive Properties · Brandon Tyler

$100
per sq ft
89
days listed
0.17
acre lot
Type
Single Family Residence
Year built
1950
School district
Lubbock ISD
MLS #
202609329

Whether you're looking to expand your rental portfolio or purchase your next income-producing property, this charming home offers excellent potential in an established Lubbock neighborhood. With a functional layout, spacious bedrooms, and a detached bonus building, the possibilities are endless for investors seeking strong rental appeal. Inside, you'll find a practical floor plan with generously sized living spaces, durable flooring in the main areas, and comfortable carpeted bedrooms. The kitchen offers abundant cabinet storage, ample counter space, and stainless steel appliances, while the adjacent laundry room adds everyday convenience. The primary bedroom is spacious and features its own private ensuite bath, providing added comfort for future tenants. Outside, the large backyard is a standout feature with an expansive wood deck perfect for outdoor entertaining, relaxing, or grilling. The detached outbuilding provides valuable flexibility and could serve as a workshop, storage space, hobby room, or additional workspace (buyer to verify permitted uses). Mature trees offer shade and privacy, while the oversized lot provides plenty of room to enjoy. Conveniently located near Texas Tech University, the Medical District, shopping, dining, parks, and major thoroughfares, this property is well-positioned for long-term rental demand or future value-add improvements. Whether you're looking for a property to hold as a rental, renovate for increased equity, or add to your investment portfolio, this is an opportunity you won't want to miss. Schedule your private showing today!

Listed for sale$150,000
Jul 8, 2026

History from MLS records since this home was listed.

Monthly cost

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Principal, interest, taxes, insurance, and HOA.

An annual tax record is not available. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.

Principal & interest
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Property taxes
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Home insurance
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HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.

Listing provided courtesy of Brandon Tyler, Progressive Properties · 806-794-7777 · [email protected] . Status: Active.

Listing information provided by the Lubbock Association of REALTORS® MLS.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.

Listing data last updated Sep 14, 2026, 9:35 AM CT. MLS # 202609329. Displayed by The Brokerage Collective, a licensed Texas real estate brokerage.

$145,000 −3.3%

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