2522 60th St · Lubbock, TX 79413

$149,900

3 bd · 2.0 ba · 1,765 sqft · SingleFamily public records · 1 Days on market

Built 1956 8,576 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 +18.3/30.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• DSCR +5.7/10.0
• 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

3/2/2 with Two Living Areas! Spacious open kitchen with a large island and stainless steel appliances. Many updates include: roof replaced 2 years ago, garage door replaced 1 year ago and recent water heater and electric panel. Great location on a corner lot with plenty of parking!

Key facts

• 8,576 sq ft lot
• 2 garage spots
• Built 1956

Property features AI

Exterior

• Parking: Attached garage; 2 garage spaces; Paved parking
• Utilities: Electricity connected; Public sewer
• Home design: Single-family residence; Residential property; Fixer condition
• Construction: Brick construction; Batt insulation; Slab foundation; Composition roof; Built on lot of approximately 0.2 acres
• Exterior features: Private yard; Fenced backyard; Paved road frontage; Publicly maintained road; City street access

Interior

• Kitchen: Kitchen island; Breakfast bar; Tile countertops
• Flooring: Ceramic tile; Carpet; Combination flooring; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Forced air; Natural gas heating; Ceiling fans for cooling; Electric cooling
• Interior features: Bar; Breakfast bar; Ceiling fans; Kitchen island; Storage; Tile countertops
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $136 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).

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 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.
• Market conditions: Rents rising (+1.9%/yr); 183 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d 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 $4k 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.
• 4 sale attempts since 4y 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.
• Current owner paid $90k; list at $150k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — 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 $149,900

Questions for the listing agent

1. Built in 1956 — 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: 1.07% ✓
• Cap rate: 7.38%
• Cash-on-cash: 3.89%
• DSCR: 1.17
• GRM: 7.8

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: -11.4%
• Equity multiple: 0.59×
• Total profit: $-17,241
• Equity at exit: $22,351

10-year hold

• IRR: -3.9%
• Equity multiple: 0.75×
• Total profit: $-10,326
• Equity at exit: $12,961

Cash invested: $41,972 (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: 7.8×

Monthly cashflow live

• Estimated rent: $1,604 high
• Mortgage (P&I): −$786
• Tax from tax record: −$282 /mo · $3,389/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$337
• Net cashflow: $136

Break-even live

Break-even rent $1,432

Max offer price $149,900

Occupancy floor 87%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2725 63rd St Unit FS Lubbock, TX	3.0	2.0	1624	$1,599	$0.98	44d	1	0.29mi
2821 61st St Lubbock, TX	3.0	1.0	1230	$1,100	$0.89	44d	1	0.34mi
2726 68th St Lubbock, TX	4.0	2.0	1524	$1,800	$1.18	44d	1	0.45mi
2823 54th St Lubbock, TX	3.0	2.0	1725	$1,825	$1.06	44d	1	0.46mi
2730 68th St Lubbock, TX	4.0	3.0	2050	$1,999	$0.98	21d	1	0.47mi
2121 56th St Lubbock, TX	3.0	2.0	2047	$1,999	$0.98	21d	1	0.53mi
2117 65th St Lubbock, TX	3.0	2.0	2285	$1,975	$0.86	21d	1	0.61mi
2115 66th St Lubbock, TX	4.0	2.0	2160	$1,795	$0.83	21d	1	0.67mi
3236 63rd St Lubbock, TX	3.0	2.5	1818	$1,524	$0.84	14d	1	0.76mi
2316 47th St Lubbock, TX	3.0	2.0	1285	$1,400	$1.09	21d	1	0.87mi
1923 67th St Lubbock, TX	4.0	2.0	1467	$1,525	$1.04	44d	1	0.89mi
3019 47th St Lubbock, TX	3.0	2.0	1298	$1,400	$1.08	21d	1	0.91mi
2107 48th St Lubbock, TX	3.0	1.0	1956	$1,200	$0.61	44d	1	0.94mi
7304 Avenue W Lubbock, TX	3.0	2.0	1500	$999	$0.67	14d	1	0.94mi
2400 44th St Lubbock, TX	1.0–3.0	1.0–2.0	1015	$1,225	$1.21	14d	23	1.00mi
7406 Waco Ave Unit C Lubbock, TX	2.0	1.0	1831	$750	$0.41	44d	1	1.01mi
3423 56th St Lubbock, TX	3.0	2.0	2224	$1,895	$0.85	44d	1	1.05mi
3105 44th St Lubbock, TX	3.0	2.0	1348	$1,375	$1.02	21d	1	1.09mi
1927 71st St Lubbock, TX	4.0	2.0	1807	$1,600	$0.89	21d	1	1.10mi
3107 75th St Unit B Lubbock, TX	2.0	2.0	1400	$1,250	$0.89	21d	1	1.13mi
3312 47th St Lubbock, TX	3.0	2.0	1880	$1,795	$0.95	44d	1	1.15mi
2609 41st St Lubbock, TX	3.0	2.0	1469	$1,550	$1.06	21d	1	1.15mi
3415 49th St Unit B Lubbock, TX	3.0	2.0	1410	$1,350	$0.96	44d	1	1.16mi
6130 Avenue P Lubbock, TX	4.0	2.0	1387	$1,100	$0.79	44d	1	1.16mi
7006 Avenue S Lubbock, TX	4.0	2.0	1498	$1,800	$1.20	44d	1	1.18mi
1940 77th St Lubbock, TX	3.0	2.0	1700	$1,500	$0.88	44d	1	1.21mi
5330 Kenosha Ave Lubbock, TX	2.0	1.5	1300	$1,050	$0.81	44d	1	1.22mi
3307 74th St Unit A Lubbock, TX	3.0	2.5	2024	$1,540	$0.76	44d	1	1.23mi
5302 Kenosha Ave Unit 5324 Kenosha Lubbock, TX	2.0	1.5	1300	$950	$0.73	14d	1	1.24mi
5302 Kenosha Ave Unit 5330 Lubbock, TX	2.0	1.5	1300	$1,050	$0.81	44d	1	1.24mi
5324 Kenosha Ave Lubbock, TX	2.0	1.5	1300	$950	$0.73	14d	1	1.24mi
1923 76th St Lubbock, TX	3.0	2.0	1622	$1,699	$1.05	44d	1	1.24mi
3417 47th St Lubbock, TX	3.0	2.0	1450	$1,550	$1.07	44d	1	1.24mi
5202 Kenosha Ave Lubbock, TX	2.0	1.0–1.5	1082	$1,022	$0.94	21d	1	1.25mi
1920 44th St Lubbock, TX	4.0	2.0	1391	$795	$0.57	21d	1	1.27mi
1915 76th St Lubbock, TX	3.0	2.0	1911	$1,550	$0.81	14d	1	1.27mi
5018 Kenosha Ave Lubbock, TX	2.0	1.5	1245	$1,275	$1.02	14d	1	1.28mi
1816 75th St Lubbock, TX	4.0	2.0	1516	$2,000	$1.32	21d	1	1.28mi
3505 46th St Lubbock, TX	2.0	2.0	1686	$1,550	$0.92	44d	1	1.32mi
2403 38th St Lubbock, TX	3.0	1.5	1786	$1,700	$0.95	44d	1	1.36mi

Listing history 1 events

1. 2026-06-03
   listed $149,900 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: $3,389 · $282/mo
• Projected year-2 tax: $3,389 · $282/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 · 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: $19,245
• − Mortgage interest: −$8,397
• − Property taxes: −$3,389
• − Insurance: −$750
• − Repairs & maintenance: −$1,540
• − Management: −$1,540
• − Depreciation: −$4,361
• Taxable loss: −$731
• Est. tax savings @ 24.0%: +$175
• After-tax cash flow: $1,807/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

+67.5% since first listed

9 events — show timeline

• 2026-06-02 Listed $149,900 LARMLS
• 2022-06-30 Sold (Public Records) — Public Records
• 2022-06-28 Sold (MLS) — LARMLS
• 2022-05-15 Delisted — LARMLS
• 2022-05-12 Listed $199,985 LARMLS
• 2022-04-14 Listed $199,985 LARMLS
• 2022-03-18 Listed $200,000 LARMLS
• 2008-05-19 Sold (Public Records) — Public Records
• 2006-08-01 Sold (Public Records) $89,500 Public Records

Property tax history

+3.3%/yr

Latest (2025): $3,389 · -3.4% YoY. Source: county tax records.