1910 Avenue S · Lubbock, TX 79411

$48,000

2 bd · 1.0 ba · 1,059 sqft · SingleFamily public records · 70 Days on market

Built 1935 6,750 sqft lot $45/sqft · 13% below area Est $55k · 13% under ↓ 26% since listing

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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 +30.0/30.0
• ARV discount +13.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Great opportunity for investors or value-add buyers looking to build equity. This property needs some work but offers solid bones and strong potential for renovation, rental income, or resale. Ideal for a fix-and-flip or long-term hold.

Key facts

• 6,750 sq ft lot
• Built 1935
• Listed 70 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $48k.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($955 rent vs $48k).
• Recommended offer: $45k (6.0% 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-, 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); 96 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); 55% 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 $332 of loan paydown is wiped out by about $1k 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 + 1.9% rent growth), your $13k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($45k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1935 — 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 $45,120 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1935 — 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. 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: 1.99% ✓
• Cap rate: 16.24%
• Cash-on-cash: 35.51%
• DSCR: 2.58
• GRM: 4.2

CMA / ARV

• ARV (median comp): $55,039
• List price: $48,000
• Delta: -12.79%
• Verdict: UNDERPRICED
• Comps: 3 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.87% rent growth · sell at horizon

5-year hold

• IRR: 29.8%
• Equity multiple: 2.23×
• Total profit: $16,511
• Equity at exit: $7,157

10-year hold

• IRR: 36.5%
• Equity multiple: 4.19×
• Total profit: $42,813
• Equity at exit: $4,150

Cash invested: $13,440 (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 79411

• Home prices YoY: -10.5%
• Rents YoY: 1.9%
• Active inventory: 96
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $955 high
• Mortgage (P&I): −$252
• Tax from tax record: −$85 /mo · $1,019/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$201
• Net cashflow: $398

Break-even live

Break-even rent $451

Max offer price $48,000

Occupancy floor 53%

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: $12,000
• Closing costs: $1,440
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1914 20th St Lubbock, TX	1.0	1.0	750	$499	$0.67	14d	1	0.04mi
1912 21st St Lubbock, TX	3.0	2.0	1473	$1,025	$0.70	44d	1	0.06mi
1911 21st St Unit B Lubbock, TX	2.0	1.0	714	$750	$1.05	44d	1	0.10mi
1911 22nd St Unit A Lubbock, TX	1.0	1.0	787	$695	$0.88	14d	1	0.16mi
1922 18th St Lubbock, TX	3.0	1.0	1136	$1,050	$0.92	21d	1	0.17mi
2109 20th St Lubbock, TX	3.0	2.0	1391	$1,200	$0.86	44d	1	0.21mi
1904 24th St Lubbock, TX	3.0	1.0	1172	$1,100	$0.94	44d	1	0.26mi
2122 21st St Unit B Lubbock, TX	2.0	1.0	800	$750	$0.94	21d	1	0.28mi
2122 21st St Lubbock, TX	2.0	1.0	800	$750	$0.94	21d	2	0.28mi
2122 21st St Unit A Lubbock, TX	2.0	1.0	800	$800	$1.00	44d	1	0.28mi
2124 20th St Lubbock, TX	3.0	2.0	1481	$1,150	$0.78	14d	1	0.28mi
2113 22nd St Lubbock, TX	2.0	1.0	1404	$850	$0.61	21d	1	0.28mi
1601 21st St Unit a Lubbock, TX	3.0	2.0	980	$925	$0.94	14d	1	0.28mi
1915 Avenue O Unit O Lubbock, TX	2.0	1.0	732	$750	$1.02	44d	1	0.33mi
2404 Avenue U Lubbock, TX	2.0	1.0	948	$699	$0.74	44d	1	0.35mi
2404 Avenue U Unit U Lubbock, TX	2.0	1.0	948	$925	$0.98	44d	1	0.35mi
2101 16th St Unit 2D Lubbock, TX	2.0	1.0	950	$825	$0.87	44d	1	0.35mi
1615 16th St Lubbock, TX	1.0	1.0	850	$649	$0.76	21d	1	0.36mi
2123 18th St Lubbock, TX	3.0	2.0	1328	$949	$0.71	14d	1	0.36mi
2118 24th St Lubbock, TX	3.0	1.0	1435	$1,000	$0.70	21d	1	0.36mi
2121 17th St Lubbock, TX	3.0	1.0	1048	$995	$0.95	21d	1	0.38mi
1901 26th St Lubbock, TX	2.0	1.0	1142	$950	$0.83	21d	1	0.42mi
1913 13th St Unit REAR Lubbock, TX	1.0	1.0	743	$700	$0.94	44d	1	0.43mi
1915 26th St Lubbock, TX	3.0	1.0	1221	$1,100	$0.90	44d	1	0.43mi
2122 16th St Lubbock, TX	2.0	2.0	1295	$1,025	$0.79	44d	1	0.44mi
2119 25th St Lubbock, TX	3.0	1.5	1184	$1,200	$1.01	44d	1	0.44mi
2101 14th St Lubbock, TX	2.0	1.0	895	$850	$0.95	44d	1	0.44mi
2101 14th St Lubbock, TX	2.0	1.0	895	$850	$0.95	21d	1	0.44mi
2307 20th St Lubbock, TX	2.0	2.0	850	$850	$1.00	44d	1	0.45mi
2123 25th St Unit rear Lubbock, TX	3.0	1.0	1000	$950	$0.95	44d	1	0.45mi
1724 27th St Lubbock, TX	2.0	1.0	850	$925	$1.09	44d	1	0.46mi
1920 27th St Unit 1 Lubbock, TX	3.0	3.0	1366	$1,500	$1.10	44d	1	0.47mi
2117 14th St Unit A Lubbock, TX	2.0	2.0	980	$1,250	$1.28	21d	1	0.49mi
2320 20th St Lubbock, TX	2.0	1.0	844	$1,000	$1.18	44d	1	0.51mi
2007 27th St Lubbock, TX	2.0	1.0	1044	$1,250	$1.20	44d	1	0.51mi
2220 16th St Lubbock, TX	3.0	2.0	1414	$1,300	$0.92	21d	1	0.52mi
1609 27th St Lubbock, TX	2.0	1.0	862	$900	$1.04	44d	1	0.54mi
2115 27th St Unit A Lubbock, TX	2.0	1.0	1148	$875	$0.76	21d	1	0.54mi
2402 21st St Lubbock, TX	3.0	1.0	1453	$1,500	$1.03	44d	1	0.55mi
2015 Avenue L Unit B Lubbock, TX	3.0	2.0	980	$960	$0.98	14d	1	0.55mi

Listing history 19 events

1. 2026-06-18
   days on market $48,000 Active 70 DOM
2. 2026-06-17
   days on market $48,000 Active 69 DOM
3. 2026-06-16
   days on market $48,000 Active 68 DOM
4. 2026-06-15
   days on market $48,000 Active 67 DOM
5. 2026-06-14
   days on market $48,000 Active 65 DOM
6. 2026-06-13
   days on market $48,000 Active 64 DOM
7. 2026-06-10
   days on market $48,000 Active 62 DOM
8. 2026-06-09
   days on market $48,000 Active 61 DOM
9. 2026-06-08
   days on market $48,000 Active 60 DOM
10. 2026-06-07
    days on market $48,000 Active 59 DOM
11. 2026-06-05
    days on market $48,000 Active 56 DOM
12. 2026-06-03
    days on market $48,000 Active 55 DOM
13. 2026-06-02
    days on market $48,000 Active 54 DOM
14. 2026-06-01
    days on market $48,000 Active 53 DOM
15. 2026-05-31
    days on market $48,000 Active 52 DOM
16. 2026-05-30
    days on market $48,000 Active 51 DOM
17. 2026-04-22
    price $48,000 236-char remark

    Show marketing remark (236 chars)

    Great opportunity for investors or value-add buyers looking to build equity. This property needs some work but offers solid bones and strong potential for renovation, rental income, or resale. Ideal for a fix-and-flip or long-term hold.

18. 2026-04-01
    listed $65,000 Active 236-char remark

    Show marketing remark (236 chars)

    Great opportunity for investors or value-add buyers looking to build equity. This property needs some work but offers solid bones and strong potential for renovation, rental income, or resale. Ideal for a fix-and-flip or long-term hold.

19. 1985-12-01
    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: $1,019 · $85/mo
• Projected year-2 tax: $1,019 · $85/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 ≥100°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: $11,459
• − Mortgage interest: −$2,689
• − Property taxes: −$1,019
• − Insurance: −$240
• − Repairs & maintenance: −$917
• − Management: −$917
• − Depreciation: −$1,396
• Taxable income: $4,282
• Est. tax owed @ 24.0%: −$1,028
• After-tax cash flow: $3,746/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): 6,865
• Household income: $47,634
• Rent vs Own: 72.5% rent · 27.5% own
• Severe rent burden: 777.0

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: Hispanic / Latino 50% White 39% Two or more races 10% Black 9% Native American 2%
• Hispanic origin (detail): Mexican 37% Cuban 2%
• Common ancestry: Slovak 3% Italian 2% Portuguese 2%
• Foreign-born: 8% · Canada
• Languages at home: 64% English-only · Spanish 35%

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: ▼ -24.58%
• Current HPI: 210.495
• Rent YoY: ▲ 1.87%
• 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

-26.2% since first listed

3 events — show timeline

• 2026-04-22 Price Changed $48,000 LARMLS
• 2026-04-01 Listed $65,000 LARMLS
• 1985-12-01 Sold (Public Records) — Public Records

Property tax history

+2.6%/yr

Latest (2025): $1,019 · -19.2% YoY. Source: county tax records.