Off-Market Property at 4612 126th, Lubbock, TX, 79424

4612 126th, Lubbock, TX, 79424

$262,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $187 per day and long-term for an average of $1,564 per month, based on similar listings in the area. Estimated short-term cap rate of 5.9%. Estimated long-term cap rate of -1.1%. Location, Location, Location !! This home is located in the highly sought after Lubbock-Cooper ISD, Cooper Heights Neighborhood. Offers open floorplan concept with GIANT walk-in primary bathroom showers, spacious laundry rooms + more! You will fall in love with the modern colors, ceramic wood grain tile flooring & granite counters. Homes include a smart home system controlling security, temperature & lights from your phone. Home has full blinds, sod with sprinkler system in the front AND back yards. Great location is off the beaten path yet between several key South Lubbock thoroughfares that will get you to school, work and play within minutes. SPEC service area!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5013
Bedrooms
3
Bathrooms
2
SQFT
1,396
Furnished
unknown
Year built
2022
Listing Status
Off Market
MLS
202409427

Short-term Rental Potential
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$37,140

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$187

Price/SQFT

Long-term Rental Potential
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$18,768

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,564/mo

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