2810 41st St · Lubbock, TX 79413

$75,000

2 bd · 1.0 ba · 718 sqft · SingleFamily public records · 10 Days on market

Built 1951 7,288 sqft lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.9/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• Livability +4.0/5.0
• Schools +3.1/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home is extremely sharp! Seller will install a carport or give closing cost assistance. You'll love the beauty of this home!

Key facts

• Centrally located
• 7,288 sq ft lot
• Built 1951

Tags

• LARGE FENCED BACKYARD
• CENTRALLY LOCATED

Property features AI

Exterior

• Parking: Off-street parking
• Security: Smoke detector(s); Carbon monoxide detector(s)
• Home design: Single-family residence; Residential property
• Construction: Asbestos construction material; Pillar/post/pier foundation; Composition roof
• Exterior features: No notable exterior amenities listed; Lot of about 0.17 acres

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Wall furnace heating; Ceiling fan(s) and wall/window air conditioning units
• Interior features: Ceiling fans throughout; Smoke detector(s); Carbon monoxide detector(s)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $161 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($881 rent vs $75k).

Location & tenants

• Location reads 80/100 on livability (#37 in TX, #1,749 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, crime F.
• Lubbock ISD (urban): math 36% / reading 39% proficiency, ranked #481 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Wheelock El (math 32% / reading 32%, grade F, #2,268 of 4,322 statewide, top 55%, 323 students, 92% FRL); Atkins Middle (math 24% / reading 33%, grade F, #1,122 of 1,662 statewide, top 69%, 542 students, 87% FRL); Monterey H S (math 28% / reading 37%, grade F, #1,029 of 1,632 statewide, top 64%, 2,114 students, 72% FRL) — zoned schools average 83% FRL vs 60% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.9%/yr); 183 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,219 units permitted in Lubbock County in 2024 (252 in 5+ unit buildings).
• This rent is only 15% of the median local income ($69k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Lubbock County population projected at +39% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,000

Questions for the listing agent

1. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.17% ✓
• Cap rate: 8.86%
• Cash-on-cash: 9.18%
• DSCR: 1.41
• GRM: 7.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold

• IRR: -3.6%
• Equity multiple: 0.87×
• Total profit: $-2,824
• Equity at exit: $11,183

10-year hold

• IRR: 4.8%
• Equity multiple: 1.34×
• Total profit: $7,082
• Equity at exit: $6,485

Cash invested: $21,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79413

• Rents YoY: 1.9%
• Active inventory: 183
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $881 high
• Mortgage (P&I): −$393
• Tax from tax record: −$110 /mo · $1,326/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$185
• Net cashflow: $161

Break-even live

Break-even rent $677

Max offer price $75,000

Occupancy floor 77%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3007 39th St Unit A Lubbock, TX	1.0	1.0	600	$600	$1.00	21d	1	0.15mi
2701 44th St Lubbock, TX	1.0–3.0	1.0–1.5	657	$888	$1.35	14d	25	0.29mi
3107 37th St Lubbock, TX	2.0	1.0	750	$1,095	$1.46	21d	1	0.33mi
3005 35th St Lubbock, TX	1.0	1.0	532	$525	$0.99	44d	1	0.37mi
4613 Belton Ave Unit A Lubbock, TX	2.0	1.0	734	$750	$1.02	44d	1	0.46mi
3201 35th St Unit 3 Lubbock, TX	1.0	1.0	502	$650	$1.29	44d	1	0.48mi
3201 35th St Unit 10 Lubbock, TX	1.0	1.0	502	$625	$1.25	44d	1	0.48mi
2400 44th St Lubbock, TX	1.0–3.0	1.0–2.0	1015	$1,010	$1.00	14d	23	0.53mi
2601 33rd St Lubbock, TX	1.0	1.0	695	$750	$1.08	44d	1	0.57mi
2401 45th St Lubbock, TX	1.0–2.0	1.0	680	$845	$1.24	14d	3	0.60mi
2308 33rd St Lubbock, TX	1.0	1.0	696	$850	$1.22	44d	1	0.87mi
2422 29th St Unit REAR Lubbock, TX	1.0	1.0	480	$600	$1.25	21d	1	0.93mi
2320 30th St Lubbock, TX	1.0	1.0	480	$625	$1.30	14d	1	0.96mi
2018 45th St Lubbock, TX	1.0	1.0	500	$849	$1.70	21d	1	0.99mi
2820 25th St Unit B Lubbock, TX	1.0	1.0	661	$650	$0.98	14d	1	1.02mi
2118 33rd St Unit B Lubbock, TX	1.0	1.0	676	$550	$0.81	21d	1	1.04mi
2305 27th St Lubbock, TX	1.0	1.0	516	$625	$1.21	21d	1	1.13mi
3809 36th St Unit A Lubbock, TX	1.0	1.0	500	$650	$1.30	21d	1	1.17mi
2323 25th St Unit Rear Lubbock, TX	1.0	1.0	475	$650	$1.37	44d	1	1.20mi
1718 46th St Lubbock, TX	1.0	1.0	655	$695	$1.06	44d	1	1.24mi
3408 Nashville Ave Unit A Lubbock, TX	2.0	1.0	660	$700	$1.06	14d	1	1.26mi
1710 45th St Unit A Lubbock, TX	2.0	1.0	714	$595	$0.83	14d	1	1.27mi
3410 Nashville Ave Unit A Lubbock, TX	2.0	1.0	700	$675	$0.96	44d	1	1.27mi
3309 22nd St Lubbock, TX	1.0	1.0	380	$775	$2.04	44d	1	1.28mi
2205 25th St Lubbock, TX	1.0	1.0	440	$650	$1.48	21d	1	1.32mi
1707 32nd St Lubbock, TX	1.0	1.0	400	$575	$1.44	44d	1	1.37mi
1925 27th St Lubbock, TX	1.0	1.0	392	$550	$1.40	14d	1	1.39mi
1610 45th St Unit 14 Lubbock, TX	1.0	1.0	550	$895	$1.63	44d	1	1.41mi
1604 45th St Lubbock, TX	1.0	1.0	700	$650	$0.93	44d	1	1.43mi
2510 Avenue T Lubbock, TX	1.0	1.0	500	$935	$1.87	44d	1	1.44mi
1917 26th St Unit B Lubbock, TX	1.0	1.0	550	$735	$1.34	44d	1	1.46mi
1917 26th St Unit B Lubbock, TX	1.0	1.0	550	$725	$1.32	21d	1	1.46mi

Listing history 9 events

1. 2026-06-18
   days on market $75,000 Active 10 DOM
2. 2026-06-17
   days on market $75,000 Active 9 DOM
3. 2026-06-16
   days on market $75,000 Active 8 DOM
4. 2026-06-15
   days on market $75,000 Active 7 DOM
5. 2026-06-14
   days on market $75,000 Active 5 DOM
6. 2026-06-13
   days on market $75,000 Active 4 DOM
7. 2026-06-10
   days on market $75,000 Active 2 DOM
8. 2026-06-09
   remarks 250-char remark
9. 2026-06-09
   listed $75,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,326 · $110/mo
• Projected year-2 tax: $1,372 · $114/mo
• Expected delta: +$47/yr (+$4/mo · 3.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,568
• − Mortgage interest: −$4,201
• − Property taxes: −$1,326
• − Insurance: −$375
• − Repairs & maintenance: −$845
• − Management: −$845
• − Depreciation: −$2,182
• Taxable income: $793
• Est. tax owed @ 24.0%: −$190
• After-tax cash flow: $1,738/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lubbock ISD
• NCES district ID: 4828500
• Math proficiency: 36% ▼ -8.00%
• Reading proficiency: 39% ▼ -1.00%
• Median HH income: $39,820
• Composite: 31.44/100
• National rank: #5984
• State rank: #481 of 826 in TX

Livability — Lubbock

• Score: 80/100
• State rank: #37
• US rank: #1749

Category grades

Amenities A Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lubbock, TX
• County: Lubbock County · 293,542 people
• City population: 283,030
• Metro: Lubbock, TX
• Population (ZIP): 23,343
• Household income: $69,400
• Rent vs Own: 43.9% rent · 56.1% own
• Severe rent burden: 1211.0

Population outlook (Lubbock County) Hauer SSP2

• Today (2025): 345,960 people
• By 2030: 371,449 · +7.4%
• By 2040: 424,539 · +22.7%
• By 2050: 481,150 · +39.1%
• By 2075: 633,467 · +83.1%
• By 2100: 746,853 · +115.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 54% Hispanic / Latino 34% Two or more races 18% Black 6%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Slovak 2% Italian 2% Serbian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 88% English-only · Spanish 10% Chinese 1%

Political lean MEDSL · Lubbock

• 2024 margin: Solid R (+39.5) · D 29.7% · R 69.2% · Other 1.0%
• 2008→2024 swing: -2.8pp toward R · 2008: -36.7pp · 2024: -39.5pp
• All cycles: 2024: R+39.5 2020: R+32.2 2016: R+38.4 2012: R+40.9 2008: R+36.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -145.52%
• Current HPI: 239.8854
• Rent YoY: ▲ 1.94%
• Metro: Lubbock, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+50.2% since first listed

19 events — show timeline

• 2026-06-08 Listed $75,000 LARMLS
• 2025-09-19 Rental Removed $725 LARMLS
• 2025-09-13 Price Changed $725 LARMLS
• 2025-08-15 Listed for Rent $775 LARMLS
• 2025-06-25 Rental Removed $735 LARMLS
• 2025-06-12 Price Changed $735 LARMLS
• 2025-03-26 Listed for Rent $775 LARMLS
• 2025-03-26 Rental Removed $775 APPFOLIO
• 2025-03-24 Listed for Rent $775 APPFOLIO
• 2025-03-09 Rental Removed $775 LARMLS
• 2025-03-07 Listed for Rent $775 LARMLS
• 2024-07-19 Rental Removed $775 APPFOLIO
• 2024-07-18 Listed for Rent $775 APPFOLIO
• 2024-06-15 Rental Removed $825 LARMLS
• 2024-05-24 Listed for Rent $825 LARMLS
• 2021-02-10 Sold (Public Records) — Public Records
• 2015-12-11 Sold (Public Records) — Public Records
• 2015-12-10 Sold (MLS) — LARMLS
• 2015-11-08 Listed $49,950 LARMLS

Property tax history

+3.4%/yr

Latest (2025): $1,326 · -9.9% YoY. Source: county tax records.