Off-Market Property at 5802 85th, Lubbock, TX, 79424
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

5802 85th, Lubbock, TX, 79424

$369,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $204 per day and long-term for an average of $2,170 per month, based on similar listings in the area. Estimated short-term cap rate of 0.1%. Estimated long-term cap rate of -1.3%. This home showcases meticulous care and thoughtful upgrades. Every detail has been carefully considered with no expense spared. Starting with the CAT-4 Roof with certificate to the high-end appliances to the custom front door, each element of the home reflects a commitment to excellence and luxury. The upgrades are not only aesthetically pleasing but also enhance the functionality and comfort of the living spaces, making this home a true masterpiece.This 3/2/3 is in Prestigious Regal Park, Frenship school ISD. Close to Dining Doctors and city park in walking distance. Chef's kitchen with island.Updates include AC system with UV Lights in the air handler to improve air quality. New Privacy Fence, New floors in Living room and all bedrooms. New custom windows throughout. Beautiful Custom iron security door in entry. New Stainless-steel appliances and W/D will convey. Enough parking here for two 40-foot rvs plus 8 additional spaces. Amazing back yard with Covered porch!

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7313
Bedrooms
3
Bathrooms
2
SQFT
2,372
Furnished
unknown
Year built
1998
Listing Status
Off Market
MLS
202409599

Short-term Rental Potential
arrow_drop_up

$31,320

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$155

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$26,040

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,170/mo

Rent