5504 110th St · Lubbock, TX 79424

$219,000

3 bd · 2.0 ba · 1,662 sqft · SingleFamily public records · 143 Days on market

Built 2013 4,964 sqft lot

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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 +10.6/30.0
• ARV discount +7.5/15.0
• Schools +4.8/10.0
• Livability +4.0/5.0
• 1% rule +3.8/10.0
• Rent growth +3.2/5.0
• DSCR +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lubbock Cooper ISD. Great location to shopping, restaurants and parks. This property is part of a package or sell by itself. Properties inc. ; 2123 143rd, 319 79th, 3817 133rd, 3819 133rd, 3821 133rd, 5724 96th and 7513 103rd.

Key facts

• 4,964 sq ft lot
• 2 garage spots
• Built 2013

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $219k.

Deal economics

• At list price, monthly cash flow is $-107 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (8.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $192k (12.3% below list).
• Recommended offer: $192k (12.3% 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-, schools D+, crime F.
• Lubbock-Cooper ISD (rural): math 54% / reading 52% proficiency, ranked #98 of 826 in TX (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.8%/yr); 705 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $2k of loan paydown is wiped out by about $7k 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 143 days — a 12% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y 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

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,019 (12.3% 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. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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?
8. 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.
9. 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.
10. 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: 0.88% ✗
• Cap rate: 5.71%
• Cash-on-cash: -2.10%
• DSCR: 0.91
• GRM: 9.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.75% rent growth · sell at horizon

5-year hold

• IRR: -20.0%
• Equity multiple: 0.30×
• Total profit: $-42,703
• Equity at exit: $32,654

10-year hold

• IRR: -13.5%
• Equity multiple: 0.22×
• Total profit: $-47,553
• Equity at exit: $18,935

Cash invested: $61,320 (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 79424

• Rents YoY: 2.8%
• Active inventory: 705
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,920 high
• Mortgage (P&I): −$1,148
• Tax from tax record: −$384 /mo · $4,614/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $-107

Break-even live

Break-even rent $2,056

Max offer price $200,055

Occupancy floor —

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: $54,750
• Closing costs: $6,570
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5507 108th St Lubbock, TX	3.0	2.0	1587	$1,550	$0.98	21d	1	0.11mi
5534 111th St Lubbock, TX	3.0	2.0	1415	$1,800	$1.27	13d	1	0.17mi
10510 Bangor Ave Lubbock, TX	4.0	2.0	2152	$2,650	$1.23	13d	1	0.22mi
10506 Beaufort Ave Lubbock, TX	3.0	2.0	1760	$2,399	$1.36	43d	1	0.25mi
10502 Beaufort Ave Lubbock, TX	3.0	2.0	1760	$2,399	$1.36	43d	1	0.27mi
5240 114th St Lubbock, TX	1.0–2.0	1.0–2.0	948	$1,384	$1.46	13d	7	0.30mi
5605 117th St Lubbock, TX	4.0	2.0	2036	$2,650	$1.30	21d	1	0.49mi
5523 101st St Lubbock, TX	3.0	2.0	1901	$2,100	$1.10	21d	1	0.59mi
11620 Evanston Ave Lubbock, TX	3.0	2.0	1353	$1,450	$1.07	21d	1	0.60mi
11810 Evanston Ave Lubbock, TX	3.0	2.0	1400	$1,475	$1.05	43d	1	0.66mi
11909 Evanston Ave Lubbock, TX	2.0	2.0	1445	$1,550	$1.07	43d	1	0.71mi
11913 Evanston Ave Lubbock, TX	2.0	2.0	1223	$1,450	$1.19	21d	1	0.71mi
5512 122nd St Unit B Lubbock, TX	3.0	2.0	1372	$1,475	$1.08	13d	1	0.72mi
9701 Abbeville Ave Lubbock, TX	3.0	2.0	1817	$1,750	$0.96	21d	1	0.90mi
5513 95th St Lubbock, TX	3.0	2.0	1785	$1,575	$0.88	21d	1	0.93mi
9806 Genoa Ave Lubbock, TX	4.0	2.0	1763	$2,050	$1.16	43d	1	1.03mi
5545 93rd St Lubbock, TX	3.0	2.0	1370	$1,450	$1.06	43d	1	1.05mi
5216 94th St Lubbock, TX	3.0	2.0	1557	$1,900	$1.22	21d	1	1.09mi
5560 93rd St Lubbock, TX	3.0	2.0	1370	$1,395	$1.02	21d	1	1.09mi
5731 90th St Lubbock, TX	3.0	2.0	1504	$1,650	$1.10	21d	1	1.29mi
12009 Upton Ave Lubbock, TX	3.0	2.0	2161	$2,850	$1.32	13d	1	1.34mi
4423 106th St Unit B Lubbock, TX	4.0	2.5	1737	$1,650	$0.95	13d	1	1.37mi
4419 106th St Unit B Lubbock, TX	3.0	2.5	1960	$1,725	$0.88	43d	1	1.40mi
4424 105th St Unit A Lubbock, TX	3.0	2.5	1452	$1,575	$1.08	13d	1	1.41mi
5706 87th Pl Lubbock, TX	3.0	2.0	1544	$1,550	$1.00	13d	1	1.44mi
4416 105th St Unit 2 Lubbock, TX	3.0	3.0	1873	$2,200	$1.17	13d	1	1.45mi
10509 Quinton Ave Unit B Lubbock, TX	3.0	3.0	1840	$1,750	$0.95	21d	1	1.45mi
121st Ln Lubbock, TX	3.0	2.0	1494	$1,800	$1.20	13d	1	1.45mi
4707 125th St Lubbock, TX	4.0	2.5	1922	$2,599	$1.35	21d	1	1.48mi
4701 125th St Lubbock, TX	4.0	2.5	1979	$2,495	$1.26	21d	1	1.50mi

Listing history 35 events

1. 2026-06-18
   days on market $219,000 Active 143 DOM
2. 2026-06-17
   days on market $219,000 Active 142 DOM
3. 2026-06-16
   days on market $219,000 Active 141 DOM
4. 2026-06-15
   days on market $219,000 Active 140 DOM
5. 2026-06-14
   days on market $219,000 Active 138 DOM
6. 2026-06-13
   days on market $219,000 Active 137 DOM
7. 2026-06-10
   days on market $219,000 Active 135 DOM
8. 2026-06-09
   days on market $219,000 Active 134 DOM
9. 2026-06-08
   days on market $219,000 Active 133 DOM
10. 2026-06-07
    days on market $219,000 Active 132 DOM
11. 2026-06-05
    days on market $219,000 Active 129 DOM
12. 2026-06-03
    days on market $219,000 Active 128 DOM
13. 2026-06-02
    days on market $219,000 Active 127 DOM
14. 2026-06-01
    days on market $219,000 Active 126 DOM
15. 2026-05-31
    days on market $219,000 Active 125 DOM
16. 2026-05-30
    days on market $219,000 Active 124 DOM
17. 2026-02-13
    historical $1,500
18. 2026-01-26
    listed $219,000 Active 226-char remark

    Show marketing remark (226 chars)

    Lubbock Cooper ISD. Great location to shopping, restaurants and parks. This property is part of a package or sell by itself. Properties inc. ; 2123 143rd, 319 79th, 3817 133rd, 3819 133rd, 3821 133rd, 5724 96th and 7513 103rd.

19. 2026-01-13
    listed $1,500
20. 2024-12-24
    historical $1,475
21. 2024-12-18
    price $219,000
22. 2024-12-14
    price $1,475
23. 2024-12-06
    listed $1,675
24. 2024-11-16
    price $222,000
25. 2024-09-25
    price $230,000
26. 2024-09-13
    price $234,000
27. 2024-09-04
    price $239,000
28. 2024-08-28
    price $245,000
29. 2023-06-08
    historical
30. 2023-06-07
    soldstatus
31. 2023-06-07
    soldstatus
32. 2023-06-02
    soldstatus Closed
33. 2023-05-05
    status Pending
34. 2023-04-22
    listed $215,000 Active
35. 2017-09-07
    soldstatus

ⓘ 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: $4,614 · $384/mo
• Projected year-2 tax: $4,614 · $384/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 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 · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,042
• − Mortgage interest: −$12,267
• − Property taxes: −$4,614
• − Insurance: −$1,095
• − Repairs & maintenance: −$1,843
• − Management: −$1,843
• − Depreciation: −$6,371
• Taxable loss: −$4,992
• Est. tax savings @ 24.0%: +$1,198
• After-tax cash flow: $-89/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-Cooper ISD
• NCES district ID: 4815180
• Math proficiency: 54% ▼ -7.00%
• Reading proficiency: 52% ▼ -3.00%
• Median HH income: $77,347
• Composite: 47.9/100
• National rank: #2214
• State rank: #98 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): 53,478
• Household income: $97,231
• Rent vs Own: 31.0% rent · 69.0% own
• Severe rent burden: 1958.0

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: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 21% Two or more races 12% Asian 3% Black 2%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Slovak 2% Italian 2% Lithuanian 1%
• Foreign-born: 6% · Canada, China
• Languages at home: 88% English-only · Spanish 8% Chinese 1% Tagalog/Filipino 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: ▼ -146.64%
• Current HPI: 213.2155
• Rent YoY: ▲ 2.75%
• 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

-99.3% since first listed

19 events — show timeline

• 2026-02-13 Rental Removed $1,500 TENANTTURNER2
• 2026-01-26 Listed $219,000 LARMLS
• 2026-01-13 Listed for Rent $1,500 TENANTTURNER2
• 2024-12-24 Rental Removed $1,475 LARMLS
• 2024-12-18 Price Changed $219,000 LARMLS
• 2024-12-14 Price Changed $1,475 LARMLS
• 2024-12-06 Listed for Rent $1,675 LARMLS
• 2024-11-16 Price Changed $222,000 LARMLS
• 2024-09-25 Price Changed $230,000 LARMLS
• 2024-09-13 Price Changed $234,000 LARMLS
• 2024-09-04 Price Changed $239,000 LARMLS
• 2024-08-28 Price Changed $245,000 LARMLS
• 2023-06-08 Delisted — LARMLS
• 2023-06-07 Sold (Public Records) — Public Records
• 2023-06-07 Sold (Public Records) — Public Records
• 2023-06-02 Sold (MLS) — LARMLS
• 2023-05-05 Pending — LARMLS
• 2023-04-22 Listed $215,000 LARMLS
• 2017-09-07 Sold (Public Records) — Public Records

Property tax history

+4.0%/yr

Latest (2025): $4,614 · -4.5% YoY. Source: county tax records.