3901 Uvalde Ave Unit A & B · Lubbock, TX 79412

$99,900

4 bd · 2.0 ba · 1,456 sqft · Condo · 13 Days on market

Built 1976 Fair condition

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Why this score? — see what drove the B- 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 +28.1/30.0
• DSCR +10.0/10.0
• 1% rule +7.7/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +3.5/5.0
• Schools +3.1/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Great Investment Opportunity! Duplex located just minutes from Texas Tech University, the Medical District and downtown Lubbock. Each unit is 2 bedrooms and 1 bath with off-street parking. Don't miss it and schedule your showing today!

Key facts

• Medical district
• Off-street parking
• Duplex

Tags

• DUPLEX
• OFF-STREET PARKING
• MEDICAL DISTRICT
• DOWNTOWN LUBBOCK

Property features AI

Finance

• HOA & community: Curbs; Parks nearby; Street lights; Sidewalks

Exterior

• Parking: Concrete parking pad; Off-street parking
• Utilities: Public water; Public sewer; Electricity connected; Natural gas connected; Natural gas available
• Home design: Duplex (residential income); Single-story
• Construction: Masonite construction; Slab foundation; Built as a fixer
• Exterior features: Front porch; Rear porch; Fenced backyard; Chain link and wood fencing; Composition roof

Interior

• Kitchen: Electric range; Refrigerator
• Flooring: Ceramic tile; Tile; Vinyl; Combination flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Natural gas heating; Wall furnace; Ceiling fans for cooling; Wall/window air conditioning units
• Interior features: Ceiling fans; Laminate countertops; Open floor plan; Aluminum window frames
• Laundry & utility: Washer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath condo listed at $100k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $247 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).

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); Slaton Middle (math 13% / reading 16%, grade F, #1,583 of 1,662 statewide, top 96%, 355 students, 96% 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 87% FRL vs 60% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 24% at this address vs 38% district-wide (-14 pts) — the specific schools serving this property underperform the Lubbock ISD average; the district grade overstates school quality for this exact location.
• 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); 45% 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 31% 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 $691 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.9% rent growth), your $28k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,900

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1976 — 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.27% ✓
• Cap rate: 10.05%
• Cash-on-cash: 13.43%
• DSCR: 1.60
• GRM: 6.6

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: 0.7%
• Equity multiple: 1.03×
• Total profit: $703
• Equity at exit: $14,895

10-year hold

• IRR: 11.3%
• Equity multiple: 1.92×
• Total profit: $25,770
• Equity at exit: $8,638

Cash invested: $27,972 (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: 6.6×

Monthly cashflow live

• Estimated rent: $1,270 high
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,498/yr
• Insurance: −$42
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $247

Break-even live

Break-even rent $958

Max offer price $99,900

Occupancy floor 76%

Sensitivity live

Price	-10% $316	-5% $281	+0% $247	+5% $212	+10% $178
Rent	-10% $146	-5% $196	+0% $247	+5% $297	+10% $347
Rate	-1.0pp $297	-0.5pp $272	base $247	+0.5pp $221	+1.0pp $194

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2108 38th St Lubbock, TX	3.0	2.0	1124	$900	$0.80	45d	1	0.07mi
2215 36th St Lubbock, TX	3.0	2.0	1578	$1,450	$0.92	45d	1	0.21mi
2217 36th St Lubbock, TX	3.0	1.0	1284	$1,109	$0.86	15d	1	0.22mi
2403 38th St Lubbock, TX	3.0	1.5	1786	$1,700	$0.95	45d	1	0.33mi
2211 33rd St Unit A Lubbock, TX	3.0	1.5	1293	$1,200	$0.93	45d	1	0.35mi
1920 44th St Lubbock, TX	4.0	2.0	1391	$795	$0.57	22d	1	0.37mi
1712 42nd St Unit B Lubbock, TX	3.0	1.0	899	$695	$0.77	22d	1	0.39mi
1718 43rd St Lubbock, TX	4.0	2.0	1870	$1,075	$0.57	22d	1	0.41mi
1920 45th St Lubbock, TX	3.0	1.0	1200	$1,200	$1.00	22d	1	0.43mi
2106 32nd St Lubbock, TX	3.0	1.0	1398	$695	$0.50	22d	1	0.46mi
2106 32nd St Lubbock, TX	3.0	1.0	1398	$925	$0.66	45d	1	0.46mi
2506 37th St Lubbock, TX	3.0	1.0	1053	$1,550	$1.47	22d	1	0.48mi
2508 37th St Lubbock, TX	3.0	2.5	1495	$1,700	$1.14	45d	1	0.49mi
2400 44th St Lubbock, TX	1.0–3.0	1.0–2.0	1015	$1,225	$1.21	15d	23	0.50mi
2514 42nd St Lubbock, TX	3.0	1.0	943	$950	$1.01	15d	1	0.54mi
2316 47th St Lubbock, TX	3.0	2.0	1285	$1,400	$1.09	22d	1	0.57mi
2411 31st St Lubbock, TX	3.0	1.0	1003	$1,000	$1.00	22d	1	0.58mi
2609 41st St Lubbock, TX	3.0	2.0	1469	$1,550	$1.06	22d	1	0.63mi
2315 48th St Lubbock, TX	3.0	1.0	1014	$1,350	$1.33	22d	1	0.65mi
2430 31st St Lubbock, TX	3.0	2.0	1592	$1,450	$0.91	45d	1	0.66mi
2416 30th St Lubbock, TX	3.0	2.0	1746	$1,425	$0.82	22d	1	0.67mi
2201 28th St Lubbock, TX	3.0	1.0	1246	$995	$0.80	22d	1	0.68mi
2611 44th St Lubbock, TX	3.0	1.0	1200	$1,395	$1.16	45d	1	0.71mi
1312 40th St Lubbock, TX	3.0	1.0	940	$795	$0.85	22d	1	0.74mi
2712 37th St Lubbock, TX	3.0	1.0	1136	$1,300	$1.14	45d	1	0.75mi
2701 44th St Lubbock, TX	1.0–3.0	1.0–1.5	657	$1,075	$1.64	15d	25	0.79mi
2518 30th St Lubbock, TX	4.0	2.0	1558	$1,750	$1.12	22d	1	0.79mi
2404 27th St Lubbock, TX	4.0	2.0	1250	$1,349	$1.08	45d	1	0.81mi
1920 27th St Unit 1 Lubbock, TX	3.0	3.0	1366	$1,500	$1.10	45d	1	0.81mi
2614 31st St Lubbock, TX	3.0	2.0	1549	$1,650	$1.07	45d	1	0.81mi
2801 36th St Lubbock, TX	3.0	2.0	1446	$2,700	$1.87	45d	1	0.83mi
2613 30th St Lubbock, TX	3.0	2.0	1472	$1,500	$1.02	45d	1	0.84mi
1915 26th St Lubbock, TX	3.0	1.0	1221	$1,100	$0.90	45d	1	0.84mi
2123 25th St Unit rear Lubbock, TX	3.0	1.0	1000	$950	$0.95	45d	1	0.88mi
2119 25th St Lubbock, TX	3.0	1.5	1184	$1,200	$1.01	45d	1	0.88mi
2311 25th St Lubbock, TX	4.0	2.0	1400	$1,400	$1.00	22d	1	0.90mi
2404 25th St Lubbock, TX	3.0	2.0	1292	$1,395	$1.08	22d	1	0.92mi
2220 25th St Lubbock, TX	4.0	1.0	1077	$695	$0.65	22d	1	0.92mi
2421 25th St Lubbock, TX	3.0	2.0	1032	$1,575	$1.53	22d	1	0.92mi
2823 33rd St Lubbock, TX	3.0	1.0	1105	$950	$0.86	45d	1	0.97mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 11 events

1. 2026-06-18
   days on market $99,900 Active 13 DOM
2. 2026-06-17
   days on market $99,900 Active 12 DOM
3. 2026-06-16
   days on market $99,900 Active 11 DOM
4. 2026-06-15
   days on market $99,900 Active 10 DOM
5. 2026-06-14
   days on market $99,900 Active 8 DOM
6. 2026-06-13
   days on market $99,900 Active 7 DOM
7. 2026-06-10
   days on market $99,900 Active 5 DOM
8. 2026-06-09
   days on market $99,900 Active 4 DOM
9. 2026-06-08
   days on market $99,900 Active 3 DOM
10. 2026-06-07
    remarks 236-char remark
11. 2026-06-07
    listed $99,900 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 77% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 21 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: $15,243
• − Mortgage interest: −$5,596
• − Property taxes: −$1,498
• − Insurance: −$1,297
• − Repairs & maintenance: −$1,219
• − Management: −$1,219
• − Depreciation: −$2,906
• Taxable income: $1,507
• Est. tax owed @ 24.0%: −$362
• After-tax cash flow: $2,598/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.

Condition & rehab AI · 13 photos

Fair 45/100 Moderate rehab

This multi-family property requires significant repairs and maintenance, including painting the exterior siding, replacing the flooring, and repairing the roof. These updates will significantly increase its value for both resale and rental purposes.

Repairs flagged

• Major roof — The roof is visibly worn and in poor condition.
• Major exterior siding — The siding is peeling and in need of repainting.
• Major flooring — The flooring in the kitchen and bathrooms is old and in need of replacement.

Value-add opportunities

• Both painting the exterior siding — Painting the exterior siding will improve the curb appeal and increase both resale and rental value.
• Both replacing the flooring — Replacing the flooring will improve the overall condition of the home and make it more attractive to potential buyers or renters.
• Both repairing the roof — Repairing the roof will address a major issue and prevent further damage, increasing the home's value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · The roof is visibly worn and in poor condition.	Major	$15,000–50,000
exterior siding · The siding is peeling and in need of repainting.	Major	$15,000–50,000
flooring · The flooring in the kitchen and bathrooms is old and in need of replacement.	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both painting the exterior siding — Painting the exterior siding will improve the curb appeal and increase both resale and rental value. ↑
• Both replacing the flooring — Replacing the flooring will improve the overall condition of the home and make it more attractive to potential buyers or renters. ↑
• Both repairing the roof — Repairing the roof will address a major issue and prevent further damage, increasing the home's value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

1 event — show timeline

• 2026-06-03 Listed $99,900 LARMLS