1101 65th St · Lubbock, TX 79412

$124,900

3 bd · 1.0 ba · 1,567 sqft · SingleFamily public records · 94 Days on market

Built 1952 0.32 ac lot $80/sqft · 20% above area Est $104k · 20% 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 +18.7/30.0
• DSCR +5.9/10.0
• 1% rule +5.5/10.0
• Livability +4.0/5.0
• Rent growth +3.5/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Dual-Home Property in Lubbock - Great Investment or Multi-Generational Living! Welcome to 1101 65th Street, a unique opportunity in Lubbock featuring two homes on one property! Whether you're looking for an investment property, a place to call home with rental income potential, or a multi-generational living setup, this one fits the bill. The front house is a quaint 2-bedroom, 1-bath residence full of charm and comfort. With a cozy layout and inviting atmosphere, it's perfect for a small family, couple, or student living. Tucked away at the back of the property, the second home is a 1-bedroom, 1-bath unitâ€"ideal for a mother-in-law suite, guest house, or rental to supplement your mortgage. Sitting on a spacious lot with ample off-street parking, this setup offers flexibility and value you won't often find. Live in one and lease the other, or rent out both for double the income! Don't miss your chance to own this versatile property in a convenient Lubbock location!

Key facts

• Investment property
• Off-street parking
• Dual-home property

Tags

• DUAL-HOME PROPERTY
• INVESTMENT PROPERTY
• MULTI-GENERATIONAL LIVING
• RENTAL INCOME POTENTIAL
• OFF-STREET PARKING
• CONVENIENT LUBBOCK LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $125 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.

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: Bayless El (math 47% / reading 33%, grade F, #1,514 of 4,322 statewide, top 36%, 518 students, 94% 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 84% FRL vs 60% district-wide (24 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 23d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 runs 32% of the median local income ($49k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 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

• It's been on market 94 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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 1952 — 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 $113,659 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.05% ✓
• Cap rate: 7.49%
• Cash-on-cash: 4.27%
• DSCR: 1.19
• GRM: 7.9

CMA / ARV

• ARV (median comp): $104,146
• List price: $124,900
• Delta: 19.93%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -8.6%
• Equity multiple: 0.68×
• Total profit: $-11,098
• Equity at exit: $18,623

10-year hold

• IRR: 2.2%
• Equity multiple: 1.16×
• Total profit: $5,595
• Equity at exit: $10,799

Cash invested: $34,972 (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 79412

• Home prices YoY: -15.3%
• Rents YoY: 3.9%
• Active inventory: 110
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,313 high
• Mortgage (P&I): −$655
• Tax from tax record: −$205 /mo · $2,466/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $125

Break-even live

Break-even rent $1,155

Max offer price $124,900

Occupancy floor 86%

Sensitivity live

Price	-10% $195	-5% $160	+0% $125	+5% $89	+10% $54
Rent	-10% $21	-5% $73	+0% $125	+5% $176	+10% $228
Rate	-1.0pp $187	-0.5pp $156	base $125	+0.5pp $92	+1.0pp $59

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1307 61st St Lubbock, TX	3.0	1.0	1073	$1,150	$1.07	15d	1	0.27mi
6130 Avenue P Lubbock, TX	4.0	2.0	1387	$1,100	$0.79	45d	1	0.38mi
5614 Avenue A Unit A Lubbock, TX	3.0	1.0	1129	$695	$0.62	23d	1	0.57mi
7006 Avenue S Lubbock, TX	4.0	2.0	1498	$1,800	$1.20	45d	1	0.58mi
5512 Avenue G Unit G Lubbock, TX	3.0	1.0	1117	$1,000	$0.90	45d	1	0.61mi
1927 71st St Lubbock, TX	4.0	2.0	1807	$1,600	$0.89	23d	1	0.73mi
1923 67th St Lubbock, TX	4.0	2.0	1467	$1,525	$1.04	45d	1	0.75mi
1921 S Loop 289 Lubbock, TX	3.0	2.0	1121	$1,100	$0.98	45d	1	0.80mi
1816 75th St Lubbock, TX	4.0	2.0	1516	$2,000	$1.32	23d	1	0.82mi
1115 80th St Unit A Lubbock, TX	3.0	2.0	1443	$1,250	$0.87	45d	1	0.92mi
1113 80th St Unit A Lubbock, TX	3.0	2.0	1443	$1,250	$0.87	45d	1	0.92mi
1915 76th St Lubbock, TX	3.0	2.0	1911	$1,550	$0.81	15d	1	0.95mi
2115 66th St Lubbock, TX	4.0	2.0	2160	$1,795	$0.83	23d	1	0.97mi
1923 76th St Lubbock, TX	3.0	2.0	1622	$1,699	$1.05	45d	1	0.99mi
1625 79th Pl Lubbock, TX	3.0	2.0	1541	$1,650	$1.07	46d	1	1.01mi
1112 82nd St Unit B Lubbock, TX	3.0	2.0	1243	$950	$0.76	45d	1	1.02mi
1106 82nd St Unit B Lubbock, TX	3.0	2.0	1243	$950	$0.76	45d	1	1.02mi
1108 82nd St Unit A Lubbock, TX	3.0	2.0	1243	$950	$0.76	45d	1	1.02mi
1116 82nd St Unit B Lubbock, TX	3.0	2.0	1243	$950	$0.76	45d	1	1.02mi
1118 82nd St Unit A Lubbock, TX	3.0	2.0	1243	$950	$0.76	45d	1	1.02mi
1805 79th Pl Lubbock, TX	3.0	2.0	1284	$1,375	$1.07	45d	1	1.03mi
1940 77th St Lubbock, TX	3.0	2.0	1700	$1,500	$0.88	45d	1	1.07mi
312 E 76th St Lubbock, TX	3.0	2.0	1430	$1,599	$1.12	15d	1	1.07mi
1606 82nd St Lubbock, TX	1.0–2.0	1.0–2.0	843	$1,580	$1.87	15d	16	1.08mi
320 E 76th St Lubbock, TX	3.0	2.0	1310	$1,599	$1.22	15d	1	1.10mi
312 E 77th St Lubbock, TX	3.0	2.0	1310	$1,619	$1.24	45d	1	1.11mi
812 48th St Lubbock, TX	3.0	1.0	1282	$1,250	$0.98	23d	1	1.11mi
2128 74th St Lubbock, TX	3.0	2.5	1132	$1,350	$1.19	23d	1	1.13mi
7702 Elm Ave Lubbock, TX	3.0	2.0	1470	$1,600	$1.09	15d	1	1.15mi
7704 Elm Ave Lubbock, TX	3.0	2.0	1310	$1,599	$1.22	15d	1	1.15mi
2121 56th St Lubbock, TX	3.0	2.0	2047	$1,999	$0.98	23d	1	1.16mi
7304 Avenue W Lubbock, TX	3.0	2.0	1500	$999	$0.67	15d	1	1.17mi
7715 Date Ave Lubbock, TX	3.0	2.0	1430	$1,599	$1.12	23d	1	1.17mi
7717 Date Ave Lubbock, TX	3.0	2.0	1430	$1,899	$1.33	15d	1	1.18mi
110 E 82nd St Unit 2 Lubbock, TX	3.0	2.0	1113	$1,150	$1.03	45d	1	1.18mi
7723 Date Ave Lubbock, TX	3.0	2.0	1310	$1,599	$1.22	23d	1	1.19mi
2101 51st St Lubbock, TX	2.0	1.5	1100	$900	$0.82	23d	1	1.23mi
8108 Sherman Ave Lubbock, TX	3.0	2.0	1306	$1,400	$1.07	46d	1	1.23mi
4606 Avenue C Unit C Lubbock, TX	3.0	2.0	1142	$999	$0.87	15d	1	1.25mi
520 46th St Unit A Lubbock, TX	3.0	1.0	1200	$850	$0.71	15d	1	1.26mi

Listing history 23 events

1. 2026-06-22
   days on market $124,900 Active 94 DOM
2. 2026-06-18
   days on market $124,900 Active 91 DOM
3. 2026-06-17
   days on market $124,900 Active 90 DOM
4. 2026-06-16
   days on market $124,900 Active 89 DOM
5. 2026-06-15
   days on market $124,900 Active 88 DOM
6. 2026-06-14
   days on market $124,900 Active 86 DOM
7. 2026-06-13
   days on market $124,900 Active 85 DOM
8. 2026-06-10
   days on market $124,900 Active 83 DOM
9. 2026-06-09
   days on market $124,900 Active 82 DOM
10. 2026-06-08
    days on market $124,900 Active 81 DOM
11. 2026-06-07
    days on market $124,900 Active 80 DOM
12. 2026-06-05
    days on market $124,900 Active 77 DOM
13. 2026-06-03
    days on market $124,900 Active 76 DOM
14. 2026-06-02
    days on market $124,900 Active 75 DOM
15. 2026-06-01
    days on market $124,900 Active 74 DOM
16. 2026-05-31
    days on market $124,900 Active 73 DOM
17. 2026-05-30
    days on market $124,900 Active 72 DOM
18. 2026-03-19
    listed $124,900 Active 1026-char remark

    Show marketing remark (1026 chars)

    Charming Dual-Home Property in Lubbock - Great Investment or Multi-Generational Living! Welcome to 1101 65th Street, a unique opportunity in Lubbock featuring two homes on one property! Whether you're looking for an investment property, a place to call home with rental income potential, or a multi-generational living setup, this one fits the bill. The front house is a quaint 2-bedroom, 1-bath residence full of charm and comfort. With a cozy layout and inviting atmosphere, it's perfect for a small family, couple, or student living. Tucked away at the back of the property, the second home is a 1-bedroom, 1-bath unitâ€"ideal for a mother-in-law suite, guest house, or rental to supplement your mortgage. Sitting on a spacious lot with ample off-street parking, this setup offers flexibility and value you won't often find. Live in one and lease the other, or rent out both for double the income! Don't miss your chance to own this versatile property in a convenient Lubbock location!

19. 2025-10-16
    historical $575
20. 2025-10-14
    listed $575
21. 2025-08-09
    historical $675
22. 2025-05-07
    listed $675
23. 2014-03-31
    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: $2,466 · $205/mo
• Projected year-2 tax: $2,466 · $205/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 3/10 Moderate FEMA zone X (unshaded) · 16% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,753
• − Mortgage interest: −$6,996
• − Property taxes: −$2,466
• − Insurance: −$624
• − Repairs & maintenance: −$1,260
• − Management: −$1,260
• − Depreciation: −$3,633
• Taxable loss: −$488
• Est. tax savings @ 24.0%: +$117
• After-tax cash flow: $1,612/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

6 events — show timeline

• 2026-03-19 Listed $124,900 LARMLS
• 2025-10-16 Rental Removed $575 TENANTTURNER2
• 2025-10-14 Listed for Rent $575 TENANTTURNER2
• 2025-08-09 Rental Removed $675 TENANTTURNER2
• 2025-05-07 Listed for Rent $675 TENANTTURNER2
• 2014-03-31 Sold (Public Records) — Public Records

Property tax history

+3.7%/yr

Latest (2025): $2,466 · +0.8% YoY. Source: county tax records.