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š 52nd Street, Lubbock, TX 79412
3 Beds | 2 Baths | ~2,466 Sq Ft
š” Single-Family | Garage Converted to Bonus Room
Estimated ARV: ~$215,000
Estimated Market Rent: ~$2,070/month
Renovation Estimate: ~$40Kā$70K (scope dependent)
Off-market value-add opportunity in a strong Northwest Lubbock rental pocket. The property requires renovation but offers excellent upside for a flip, BRRRR, or long-term hold.
The garage has been converted into a bonus room, which can function as an extra bedroom, playroom, office, or man caveāadding flexibility and rental appeal.
Strong rental demand in a landlord-friendly market
Large square footage for the area
Solid ARV supported by nearby updated homes
Flexible exit strategies: flip or cash-flow rental
High rent-to-price ratio potential
Full rehab allows value optimization
Stable neighborhood close to amenities
Active buyer and renter demand in Lubbock
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