2110 47th St · Lubbock, TX 79412

$75,000

2 bd · 1.0 ba · 858 sqft · SingleFamily public records · 1 Days on market

Built 1953 7,950 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 +23.1/30.0
• ARV discount +7.5/15.0
• DSCR +7.4/10.0
• 1% rule +6.7/10.0
• Livability +4.0/5.0
• Rent growth +3.5/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Looking for an investment property or a small personal home for yourself? This 2 bedroom 1 bathroom home with carport offers original hardwood floors, a spacious yard mature tree, updated bathroom and galley kitchen with dining area. New roof installed December 2025. Priced to sell!

Key facts

• Spacious yard
• Mature tree
• Galley kitchen

Tags

• ORIGINAL HARDWOOD FLOORS
• SPACIOUS YARD
• MATURE TREE
• UPDATED BATHROOM
• GALLEY KITCHEN
• DINING AREA

Property features AI

Exterior

• Parking: Carport (1 space); Driveway
• Utilities: Public water; Public sewer / sewer connected; Natural gas available and connected; Water connected
• Home design: Single family residence; Residential property; Fixer condition
• Construction: Asbestos and vinyl siding exterior materials; Composition roof; Pillar/post/pier foundation; Built area 858 above grade
• Exterior features: No notable exterior features listed; Paved road frontage on a city street; Publicly maintained road

Interior

• Kitchen: Electric oven
• Flooring: Hardwood; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Electric cooling; Ceiling fan(s)
• Interior features: Ceiling fan(s)
• Laundry & utility: Laundry area in kitchen

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 $-292 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $32k (57.3% below list).
• Meets the 1% rule at list price ($877 rent vs $75k).
• Recommended offer: $32k (57.3% below list) — sets the bar for cash-flow.

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: Brown El Gr Pk To 01 (188 students, 94% FRL); Atkins Middle (math 24% / reading 33%, grade F, #1,122 of 1,662 statewide, top 69%, 542 students, 87% FRL); Lubbock H S (math 45% / reading 52%, grade D, #560 of 1,632 statewide, top 35%, 1,839 students, 55% FRL) — zoned schools average 79% FRL vs 60% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.9%/yr); 110 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 $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 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $32,050 (57.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 8.45%
• Cash-on-cash: 7.70%
• DSCR: 1.34
• GRM: 7.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.87% rent growth · sell at horizon

5-year hold

• IRR: -45.6%
• Equity multiple: -0.41×
• Total profit: $-29,663
• Equity at exit: $11,183

10-year hold

• IRR: -63.3%
• Equity multiple: -1.16×
• Total profit: $-45,307
• 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 79412

• Home prices YoY: -15.3%
• Rents YoY: 3.9%
• Active inventory: 110
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $877 high
• Mortgage (P&I): −$393
• Tax from tax record: −$134 /mo · $1,603/yr
• Insurance: −$31
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$184
• Net cashflow: $-292

Break-even live

Break-even rent $1,246

Max offer price $32,050

Occupancy floor —

Sensitivity live

Price	-10% $-249	-5% $-271	+0% $-292	+5% $-313	+10% $-334
Rent	-10% $-361	-5% $-326	+0% $-292	+5% $-257	+10% $-222
Rate	-1.0pp $-254	-0.5pp $-273	base $-292	+0.5pp $-311	+1.0pp $-331

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 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2120 47th St Lubbock, TX	2.0	1.0	793	$795	$1.00	22d	1	0.05mi
2315 48th St Lubbock, TX	3.0	1.0	1014	$1,350	$1.33	22d	1	0.29mi
2101 51st St Lubbock, TX	2.0	1.5	1100	$900	$0.82	22d	1	0.31mi
5005 Avenue W Lubbock, TX	2.0	1.0	759	$799	$1.05	22d	1	0.31mi
5005 Avenue W Lubbock, TX	2.0	1.0	759	$749	$0.99	45d	1	0.31mi
5005 Avenue W Lubbock, TX	2.0	1.0	759	$699	$0.92	14d	1	0.31mi
2402 46th St Unit B Lubbock, TX	2.0	1.0	942	$745	$0.79	22d	1	0.32mi
2406 46th St Unit A Lubbock, TX	2.0	1.0	943	$775	$0.82	22d	1	0.33mi
1718 46th St Lubbock, TX	1.0	1.0	655	$695	$1.06	44d	1	0.34mi
2401 45th St Lubbock, TX	1.0–2.0	1.0	680	$845	$1.24	14d	3	0.34mi
1717 47th St Unit B Lubbock, TX	3.0	1.0	830	$775	$0.93	22d	1	0.35mi
2412 46th St Apt A Lubbock, TX	2.0	1.0	945	$795	$0.84	22d	1	0.36mi
2409 45th St Unit 8 Lubbock, TX	2.0	1.0	800	$895	$1.12	44d	1	0.37mi
1710 45th St Unit A Lubbock, TX	2.0	1.0	714	$595	$0.83	14d	1	0.39mi
2400 44th St Lubbock, TX	1.0–3.0	1.0–2.0	1015	$1,010	$1.00	14d	23	0.40mi
1712 42nd St Unit B Lubbock, TX	3.0	1.0	899	$695	$0.77	22d	1	0.46mi
2302 40th St Lubbock, TX	2.0	1.0	793	$749	$0.94	22d	1	0.46mi
2504 44th St Lubbock, TX	2.0	1.0	939	$995	$1.06	44d	1	0.48mi
2304 39th St Lubbock, TX	2.0	1.0	830	$1,150	$1.39	22d	1	0.52mi
1610 45th St Unit 14 Lubbock, TX	1.0	1.0	550	$895	$1.63	44d	1	0.54mi
2108 38th St Lubbock, TX	3.0	2.0	1124	$900	$0.80	44d	1	0.55mi
2513 43rd St Lubbock, TX	2.0	1.0	912	$1,150	$1.26	14d	1	0.55mi
2513 43rd St Lubbock, TX	2.0	1.0	912	$1,150	$1.26	44d	1	0.55mi
1604 45th St Lubbock, TX	1.0	1.0	700	$650	$0.93	44d	1	0.56mi
2514 42nd St Lubbock, TX	3.0	1.0	943	$950	$1.01	14d	1	0.58mi
2607 44th St Lubbock, TX	2.0	2.0	988	$1,325	$1.34	44d	1	0.62mi
2521 41st St Lubbock, TX	2.0	1.0	990	$925	$0.93	44d	1	0.64mi
2521 40th St Lubbock, TX	2.0	1.0	902	$1,195	$1.32	22d	1	0.67mi
2605 41st St Lubbock, TX	2.0	1.0	882	$995	$1.13	14d	1	0.67mi
2107 35th St Unit A Lubbock, TX	2.0	1.0	1025	$800	$0.78	44d	1	0.70mi
2701 44th St Lubbock, TX	1.0–3.0	1.0–1.5	657	$888	$1.35	14d	25	0.70mi
2011 35th St Lubbock, TX	2.0	1.0	810	$800	$0.99	44d	1	0.72mi
1511 52nd St Lubbock, TX	2.0	1.0	648	$800	$1.23	44d	1	0.72mi
4609 Belton Ave Unit A Lubbock, TX	2.0	1.0	751	$800	$1.07	44d	1	0.73mi
4613 Belton Ave Unit A Lubbock, TX	2.0	1.0	734	$750	$1.02	44d	1	0.74mi
2208 35th St Unit B Lubbock, TX	2.0	1.0	767	$750	$0.98	44d	1	0.74mi
2706 44th St Apt C Lubbock, TX	2.0	1.0	900	$680	$0.76	44d	1	0.74mi
2506 37th St Lubbock, TX	3.0	1.0	1053	$1,550	$1.47	22d	1	0.76mi
2408 35th St Lubbock, TX	2.0	1.0	1072	$995	$0.93	22d	1	0.81mi
1317 52nd St Unit C Lubbock, TX	2.0	1.0	755	$650	$0.86	22d	1	0.81mi

Listing history 2 events

1. 2026-06-18
   remarks 283-char remark
2. 2026-06-18
   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: $1,603 · $134/mo
• Projected year-2 tax: $1,603 · $134/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 19 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: $10,524
• − Mortgage interest: −$4,201
• − Property taxes: −$1,603
• − Insurance: −$5,494
• − Repairs & maintenance: −$842
• − Management: −$842
• − Depreciation: −$2,182
• Taxable loss: −$4,638
• Est. tax savings @ 24.0%: +$1,113
• After-tax cash flow: $-2,388/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): 15,018
• Household income: $48,878
• Rent vs Own: 51.2% rent · 48.8% own
• Severe rent burden: 676.0

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 0.56)
• Race & ethnicity: Hispanic / Latino 61% Two or more races 25% White 25% Black 10%
• Hispanic origin (detail): Mexican 51% Puerto Rican 2%
• Common ancestry: Lithuanian 1% Serbian 1% Italian 1%
• Foreign-born: 5% · Canada
• Languages at home: 67% English-only · Spanish 32% Arabic 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: ▼ -33.95%
• Current HPI: 188.4033
• Rent YoY: ▲ 3.87%
• 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

2 events — show timeline

• 2026-06-18 Listed $75,000 LARMLS
• 1985-02-01 Sold (Public Records) — Public Records

Property tax history

+5.0%/yr

Latest (2025): $1,603 · -5.1% YoY. Source: county tax records.