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1516 27th st
Lubbock TX 79411 US

$120,000

Active Listing ID 21320356
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3 bed
bath icon
2.00 Bath (2 Full)
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Lot: 0.15 Acres
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Other

$120,000

Active Listing ID 21320356
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1516 27th st Excellent investment opportunity with immediate income potential! This property features a tenant-occupied 2-bedroom, 1-bath main home currently leased at $700 per month, plus a fully renovated 1-bedroom, 1-bath detached ADU completed in 2025. The ADU was previously leased for $830 per month and is now vacant, offering the flexibility to place a new tenant at market rates or use the space for extended family, guests, or a home office (buyer to verify permitted uses). The recent renovation of the ADU provides a fresh, move-in-ready space, while the established rental in the main home offers immediate cash flow. Conveniently located near Texas Tech University, downtown Lubbock, medical facilities, shopping, and dining, this versatile property is ideal for investors looking to expand their portfolio or buyers seeking a home with additional income potential. Don't miss this opportunity to own a property with two separate living spaces and strong rental possibilities!

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Window Unit(s)
  • Roof Type: Composition

School Information

  • School
  • Brown(Elementary)
  • Slaton(MiddleSchool)
  • Lubbock(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 120000
  • unparsedaddress: 1516 27th st
  • postalcity: Lubbock
  • stateorprovince: TX
  • country: US
  • postalcode: 79411
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1537
  • lotsizeunits: Acres
  • lotsizearea: 0.1537
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.569964
  • longitude: -101.852313
  • listagentfullname: Kensey Chase
  • listagentemail: kenseysellsdfwhomes@gmail.com
  • listagentkey: 3yd-NTREIS-0749269
  • listagentmlsid: 0749269
  • listagentpreferredphone: (214) 202-7615
  • listofficekey: 3yd-NTREIS-REAY01
  • listofficemlsid: REAY01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1943
  • countyorparish: Lubbock
  • elementaryschool: Brown
  • highschool: Lubbock
  • elementaryschooldistrict: Lubbock ISD
  • middleorjuniorschooldistrict: Lubbock ISD
  • highschooldistrict: Lubbock ISD
  • cooling: Window Unit(s)
  • constructionmaterials: WoodSiding
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: On Street
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -101.85231, 33.569965
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kenseysellsdfwhomes@gmail.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":"txbroker@therealbrokerage.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Broker LLC", "ListBrokeragePhone":"(214) 202-7615", "ListBrokeragePostalCode":"75204", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Ste 300", "ListBrokerageUnparsedAddress":"2626 Cole Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":"Ste 300", "ListOfficeBrokerMlsId":"REAY01", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"support@therealbrokerage.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Lubbock, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1516-27th-St_Lubbock_TX_79411_M86615-23573?f=listhub&s=NTREIS&m=21320356&c=rexren", "MLSModificationTimestamp":"2026-08-11 16:40:17", "Neighborhoods":[{"Description":null, "Name":"Belmont Place"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/14/2026 5:00:33 AM GMT
Source Updated Date: 8/27/2026 12:33:51 PM GMT

Courtesy of: Kensey Chase, Real Broker, LLC, kenseysellsdfwhomes@gmail.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.