4318 41st St · Lubbock, TX 79413

$184,500

4 bd · 3.0 ba · 2,034 sqft · SingleFamily public records · 18 Days on market

Built 1954 7,500 sqft lot Est $165k · 12% over

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Why this score? — see what drove the D- 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 +14.7/30.0
• DSCR +4.5/10.0
• 1% rule +4.2/10.0
• Livability +4.0/5.0
• Schools +3.1/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +2.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Large house for the area--it appears to have been a 3-2-1 and some seller converted garage into a bedroom and bath at some point. There is another bedroom that has it's own bath and the other 2 bedrooms share the hall bath; Interior has been painted. Perfect for large family or college kids that need extra space for studying. Near Tech and Medical District. Previous driveway has room for 3 cars to park.

Key facts

• Large shady backyard
• Front courtyard
• Corner fireplace

Tags

• CORNER FIREPLACE
• LARGE SHADY BACKYARD
• FRONT COURTYARD

Property features AI

Finance

• Financial info: Annual tax information available

Exterior

• Parking: Converted garage with concrete surface
• Utilities: Public water/sewer (assumed from road and location details); Natural gas
• Home design: Single-family residential home
• Construction: Brick and other exterior materials; Composition roof; Slab foundation; Built area approximately 2,024 above-grade square feet
• Exterior features: Fenced backyard; Asphalt road frontage (city street, publicly maintained)

Interior

• Kitchen: Gas water heater
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning; Ceiling fans
• Interior features: Ceiling fans; Gas starter fireplace in living room
• Laundry & utility: Laundry area located in kitchen

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $184k.

Deal economics

• At list price, monthly cash flow is $46 ($553/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (7.8% below list).
• Recommended offer: $170k (7.8% below list) — sets the bar for 1% rule.

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: Maedgen El (math 37% / reading 27%, grade F, #2,268 of 4,322 statewide, top 55%, 323 students, 91% FRL); Hutchinson Middle (math 57% / reading 63%, grade B, #158 of 1,662 statewide, top 10%, 833 students, 49% FRL); Monterey H S (math 28% / reading 37%, grade F, #1,029 of 1,632 statewide, top 64%, 2,114 students, 72% FRL).
• Market conditions: Rents rising (+1.9%/yr); 187 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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

• It's been on market 18 days — a 2% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y 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 1954 — 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 $170,064 (7.8% below list)

Questions for the listing agent

1. Built in 1954 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.92% ✗
• Cap rate: 6.59%
• Cash-on-cash: 1.07%
• DSCR: 1.05
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $164,754
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4203 38th St	0.22mi	4/3.0	2,151 (+6%)	11mo	$174,999	$81	71

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -15.8%
• Equity multiple: 0.44×
• Total profit: $-28,719
• Equity at exit: $27,510

10-year hold

• IRR: -9.3%
• Equity multiple: 0.45×
• Total profit: $-28,280
• Equity at exit: $15,952

Cash invested: $51,660 (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: 187
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,701 high
• Mortgage (P&I): −$968
• Tax from tax record: −$253 /mo · $3,036/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $46

Break-even live

Break-even rent $1,642

Max offer price $184,500

Occupancy floor 92%

Sensitivity live

Price	-10% $151	-5% $98	+0% $46	+5% $-6	+10% $-58
Rent	-10% $-88	-5% $-21	+0% $46	+5% $113	+10% $180
Rate	-1.0pp $139	-0.5pp $93	base $46	+0.5pp $-2	+1.0pp $-50

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: $46,125
• Closing costs: $5,535
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4315 41st St Lubbock, TX	3.0	2.0	1558	$1,450	$0.93	23d	1	0.03mi
4310 42nd St Lubbock, TX	3.0	2.0	1754	$1,700	$0.97	45d	1	0.05mi
4211 41st St Lubbock, TX	4.0	2.0	1960	$1,599	$0.82	45d	1	0.12mi
4619 43rd St Lubbock, TX	3.0	1.0	1404	$1,500	$1.07	45d	1	0.45mi
3812 36th St Unit A Lubbock, TX	3.0	2.0	1458	$1,500	$1.03	23d	1	0.48mi
4606 35th St Lubbock, TX	4.0	2.0	1684	$1,800	$1.07	45d	1	0.52mi
3712 37th St Lubbock, TX	4.0	2.0	1672	$2,100	$1.26	45d	1	0.55mi
4428 33rd St Lubbock, TX	3.0	1.5	1685	$1,375	$0.82	45d	1	0.57mi
4430 33rd St Lubbock, TX	3.0	2.0	1402	$1,100	$0.78	45d	1	0.58mi
3708 46th St Lubbock, TX	3.0	2.0	2378	$1,750	$0.74	15d	1	0.59mi
4602 50th St Lubbock, TX	1.0–3.0	1.0–2.5	1080	$1,368	$1.27	15d	9	0.59mi
3712 47th St Lubbock, TX	3.0	2.0	1767	$1,400	$0.79	23d	1	0.61mi
4803 43rd St Lubbock, TX	3.0	2.0	1412	$1,200	$0.85	23d	1	0.61mi
3612 44th St Lubbock, TX	3.0	2.0	1675	$1,850	$1.10	45d	1	0.63mi
4801 36th St Lubbock, TX	3.0	2.0	1424	$1,275	$0.90	23d	1	0.65mi
4314 52nd St Unit A Lubbock, TX	3.0	2.0	1863	$1,400	$0.75	23d	1	0.67mi
4210 52nd St Lubbock, TX	3.0	2.0	1715	$1,575	$0.92	15d	1	0.68mi
4819 44th St Lubbock, TX	3.0	2.0	1412	$1,300	$0.92	45d	1	0.71mi
4702 31st St Lubbock, TX	3.0	2.0	1600	$1,450	$0.91	45d	1	0.78mi
4213 54th St Lubbock, TX	3.0	2.0	1680	$1,550	$0.92	15d	1	0.84mi
3408 38th St Lubbock, TX	3.0	2.0	1927	$1,895	$0.98	45d	1	0.90mi
5003 35th St Lubbock, TX	3.0	2.0	1501	$1,550	$1.03	15d	1	0.91mi
3417 47th St Lubbock, TX	3.0	2.0	1450	$1,550	$1.07	45d	1	0.91mi
3404 42nd St Lubbock, TX	3.0	2.0	1475	$1,500	$1.02	45d	1	0.91mi
4324 56th St Lubbock, TX	4.0	2.0	2014	$2,000	$0.99	45d	1	0.92mi
5017 46th St Lubbock, TX	3.0	2.0	1753	$1,600	$0.91	45d	1	0.98mi
3415 49th St Unit B Lubbock, TX	3.0	2.0	1410	$1,350	$0.96	45d	1	0.98mi
3807 26th St Lubbock, TX	3.0	2.0	1410	$1,500	$1.06	15d	1	1.00mi
3312 47th St Lubbock, TX	3.0	2.0	1880	$1,795	$0.95	45d	1	1.04mi
3813 25th St Lubbock, TX	4.0	2.0	1467	$1,400	$0.95	15d	1	1.05mi
2409 Utica Ave Lubbock, TX	3.0	1.5	1693	$1,400	$0.83	23d	1	1.12mi
5220 41st St Lubbock, TX	3.0	2.0	1536	$1,400	$0.91	23d	1	1.19mi
3114 40th St Lubbock, TX	3.0	2.0	1488	$1,375	$0.92	45d	1	1.22mi
3423 56th St Lubbock, TX	3.0	2.0	2224	$1,895	$0.85	45d	1	1.22mi
4608 60th St Lubbock, TX	3.0	2.0	1769	$1,650	$0.93	23d	1	1.23mi
3604 24th St Lubbock, TX	4.0	3.0	2038	$2,300	$1.13	23d	1	1.25mi
5318 39th St Lubbock, TX	3.0	2.0	1736	$1,375	$0.79	15d	1	1.27mi
3108 39th St Lubbock, TX	3.0	2.0	1504	$1,295	$0.86	23d	1	1.27mi
4806 60th St Lubbock, TX	3.0	2.0	1423	$1,375	$0.97	15d	1	1.32mi
3319 26th St Lubbock, TX	3.0	2.0	1520	$1,500	$0.99	45d	1	1.32mi

Listing history 13 events

1. 2026-06-22
   days on market $184,500 Active 18 DOM
2. 2026-06-18
   days on market $184,500 Active 15 DOM
3. 2026-06-17
   days on market $184,500 Active 14 DOM
4. 2026-06-16
   days on market $184,500 Active 13 DOM
5. 2026-06-15
   days on market $184,500 Active 12 DOM
6. 2026-06-14
   days on market $184,500 Active 10 DOM
7. 2026-06-13
   days on market $184,500 Active 9 DOM
8. 2026-06-10
   days on market $184,500 Active 7 DOM
9. 2026-06-09
   days on market $184,500 Active 6 DOM
10. 2026-06-08
    days on market $184,500 Active 5 DOM
11. 2026-06-07
    days on market $184,500 Active 4 DOM
12. 2026-06-03
    remarks 303-char remark
13. 2026-06-03
    listed $184,500 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: $3,036 · $253/mo
• Projected year-2 tax: $3,376 · $281/mo
• Expected delta: +$340/yr (+$28/mo · 11.2%)

ⓘ 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: $20,408
• − Mortgage interest: −$10,335
• − Property taxes: −$3,036
• − Insurance: −$922
• − Repairs & maintenance: −$1,633
• − Management: −$1,633
• − Depreciation: −$5,367
• Taxable loss: −$2,519
• Est. tax savings @ 24.0%: +$604
• After-tax cash flow: $1,157/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

+33.7% since first listed

14 events — show timeline

• 2026-06-03 Listed $184,500 LARMLS
• 2023-07-12 Delisted — LARMLS
• 2023-07-11 Sold (Public Records) — Public Records
• 2023-07-11 Sold (MLS) — LARMLS
• 2023-06-20 Pending — LARMLS
• 2023-06-14 Listed $175,000 LARMLS
• 2020-01-21 Sold (Public Records) — Public Records
• 2017-06-29 Sold (Public Records) — Public Records
• 2017-02-01 Sold (Public Records) — Public Records
• 2017-02-01 Sold (MLS) — LARMLS
• 2016-09-27 Listed $138,000 LARMLS
• 2012-08-07 Sold (Public Records) — Public Records
• 2010-12-22 Sold (Public Records) — Public Records
• 2003-12-01 Sold (Public Records) — Public Records

Property tax history

+3.6%/yr

Latest (2025): $3,036 · +4.1% YoY. Source: county tax records.