2610 36th St · Lubbock, TX 79413

$145,000

3 bd · 2.0 ba · 1,208 sqft · SingleFamily public records · 13 Days on market

Built 1952 7,575 sqft lot $120/sqft · 16% above area Est $125k · 16% 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 +15.9/30.0
• DSCR +4.9/10.0
• 1% rule +4.3/10.0
• Livability +4.0/5.0
• Schools +3.1/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +0.4/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a property near Tech? Look no further. This home is great for a first time home buyer or investor. The home boasts three bedrooms, two bathrooms, and a large backyard. The fence has been installed over the last few years, and new concrete has been poured to extend the driveway! Call and set up a private tour today!

Key facts

• Hardwood flooring
• Large driveway
• High fencing

Tags

• SPACIOUS KITCHEN AREA
• HARDWOOD FLOORING
• LARGE DRIVEWAY
• DETACHED GARAGE
• BIG BACK YARD
• HIGH FENCING

Property features AI

Exterior

• Parking: Off-street parking
• Security: Smoke detectors; Carbon monoxide detectors
• Utilities: Public water
• Home design: Single-family residence; One story; Residential property
• Construction: Metal siding and vinyl siding; Slab foundation; Composition roof; Built as 1-story
• Exterior features: Fenced yard; Paved road access

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fan(s)
• Interior features: Ceiling fans; Granite counters

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $69 ($825/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $134k (7.5% below list).
• Recommended offer: $134k (7.5% 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-, 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: Wheelock El (math 32% / reading 32%, grade F, #2,268 of 4,322 statewide, top 55%, 323 students, 92% 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 86% FRL vs 60% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.9%/yr); 187 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); 42% 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 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 9y 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

• 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 $134,181 (7.5% below list)

Questions for the listing agent

1. Built in 1952 — 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: 0.93% ✗
• Cap rate: 6.86%
• Cash-on-cash: 2.03%
• DSCR: 1.09
• GRM: 9.0

CMA / ARV

• ARV (median comp): $125,237
• List price: $145,000
• Delta: 15.78%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold

• IRR: -14.3%
• Equity multiple: 0.49×
• Total profit: $-20,521
• Equity at exit: $21,620

10-year hold

• IRR: -7.3%
• Equity multiple: 0.56×
• Total profit: $-17,864
• Equity at exit: $12,537

Cash invested: $40,600 (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: 187
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,342 high
• Mortgage (P&I): −$760
• Tax from tax record: −$170 /mo · $2,046/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $69

Break-even live

Break-even rent $1,255

Max offer price $145,000

Occupancy floor 90%

Sensitivity live

Price	-10% $151	-5% $110	+0% $69	+5% $28	+10% $-13
Rent	-10% $-37	-5% $16	+0% $69	+5% $122	+10% $175
Rate	-1.0pp $142	-0.5pp $106	base $69	+0.5pp $31	+1.0pp $-7

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2701 36th St Lubbock, TX	2.0	1.0	802	$1,195	$1.49	15d	1	0.07mi
2616 37th St Lubbock, TX	2.0	1.0	950	$1,200	$1.26	23d	1	0.08mi
2712 37th St Lubbock, TX	3.0	1.0	1136	$1,300	$1.14	45d	1	0.13mi
2723 36th St Lubbock, TX	2.0	1.0	802	$950	$1.18	23d	1	0.17mi
2508 37th St Lubbock, TX	3.0	2.5	1495	$1,700	$1.14	45d	1	0.18mi
2801 36th St Lubbock, TX	3.0	2.0	1446	$2,700	$1.87	45d	1	0.18mi
2506 37th St Lubbock, TX	3.0	1.0	1053	$1,550	$1.47	23d	1	0.19mi
2408 35th St Lubbock, TX	2.0	1.0	1072	$995	$0.93	23d	1	0.29mi
2823 33rd St Lubbock, TX	3.0	1.0	1105	$950	$0.86	45d	1	0.31mi
2521 40th St Lubbock, TX	2.0	1.0	902	$1,195	$1.32	23d	1	0.31mi
2420 33rd St Lubbock, TX	2.0	1.0	800	$799	$1.00	23d	1	0.32mi
2613 30th St Lubbock, TX	3.0	2.0	1472	$1,500	$1.02	45d	1	0.34mi
2609 41st St Lubbock, TX	3.0	2.0	1469	$1,550	$1.06	23d	1	0.36mi
2605 41st St Lubbock, TX	2.0	1.0	882	$995	$1.13	15d	1	0.36mi
2521 41st St Lubbock, TX	2.0	1.0	990	$925	$0.93	45d	1	0.37mi
2816 40th St Lubbock, TX	2.0	1.0	826	$825	$1.00	23d	1	0.38mi
2419 31st St Apt B Lubbock, TX	2.0	1.0	878	$795	$0.91	15d	1	0.39mi
3007 32nd St Lubbock, TX	3.0	1.0	1353	$1,325	$0.98	23d	1	0.40mi
2514 42nd St Lubbock, TX	3.0	1.0	943	$950	$1.01	15d	1	0.42mi
2411 31st St Lubbock, TX	3.0	1.0	1003	$1,000	$1.00	23d	1	0.43mi
3101 33rd St Lubbock, TX	3.0	3.0	1250	$999	$0.80	45d	1	0.45mi
2420 30th St Lubbock, TX	2.0	1.0	1092	$1,100	$1.01	23d	1	0.47mi
2315 32nd St Lubbock, TX	2.0	1.0	900	$995	$1.11	23d	1	0.47mi
3107 37th St Lubbock, TX	2.0	1.0	750	$1,095	$1.46	23d	1	0.48mi
2217 36th St Lubbock, TX	3.0	1.0	1284	$1,109	$0.86	15d	1	0.48mi
2304 39th St Lubbock, TX	2.0	1.0	830	$1,150	$1.39	23d	1	0.48mi
2602 28th St Lubbock, TX	2.0	1.0	937	$1,095	$1.17	23d	1	0.49mi
2513 43rd St Lubbock, TX	2.0	1.0	912	$1,150	$1.26	15d	1	0.50mi
2513 43rd St Lubbock, TX	2.0	1.0	912	$1,150	$1.26	45d	1	0.50mi
3114 37th St Lubbock, TX	3.0	1.0	988	$1,095	$1.11	45d	1	0.51mi
2302 40th St Lubbock, TX	2.0	1.0	793	$749	$0.94	23d	1	0.52mi
3016 30th St Lubbock, TX	2.0	1.0	947	$975	$1.03	45d	1	0.53mi
2812 43rd St Unit 6 Lubbock, TX	2.0	1.0	1104	$700	$0.63	45d	1	0.54mi
2812 43rd St Unit 7 Lubbock, TX	2.0	1.0	1104	$750	$0.68	23d	1	0.54mi
3126 38th St Lubbock, TX	2.0	1.0	1248	$1,195	$0.96	45d	1	0.54mi
3116 33rd St Lubbock, TX	2.0	1.0	912	$1,195	$1.31	45d	1	0.54mi
2706 44th St Apt C Lubbock, TX	2.0	1.0	900	$680	$0.76	45d	1	0.55mi
2208 35th St Unit B Lubbock, TX	2.0	1.0	767	$750	$0.98	45d	1	0.55mi
2504 44th St Lubbock, TX	2.0	1.0	939	$995	$1.06	45d	1	0.55mi
2611 44th St Lubbock, TX	3.0	1.0	1200	$1,395	$1.16	45d	1	0.55mi

Listing history 14 events

1. 2026-05-11
   listed $145,000 Active 345-char remark
2. 2026-02-09
   historical $1,280
3. 2026-01-13
   listed $1,280
4. 2023-01-24
   soldstatus
5. 2023-01-20
   soldstatus Closed 328-char remark

   Show marketing remark (328 chars)

   Looking for a property near Tech? Look no further. This home is great for a first time home buyer or investor. The home boasts three bedrooms, two bathrooms, and a large backyard. The fence has been installed over the last few years, and new concrete has been poured to extend the driveway! Call and set up a private tour today!

6. 2022-12-27
   status Pending 328-char remark

   Show marketing remark (328 chars)

   Looking for a property near Tech? Look no further. This home is great for a first time home buyer or investor. The home boasts three bedrooms, two bathrooms, and a large backyard. The fence has been installed over the last few years, and new concrete has been poured to extend the driveway! Call and set up a private tour today!

7. 2022-12-05
   listed $150,000 Active 328-char remark

   Show marketing remark (328 chars)

   Looking for a property near Tech? Look no further. This home is great for a first time home buyer or investor. The home boasts three bedrooms, two bathrooms, and a large backyard. The fence has been installed over the last few years, and new concrete has been poured to extend the driveway! Call and set up a private tour today!

8. 2017-11-03
   soldstatus
9. 2017-09-29
   soldstatus
10. 2017-07-27
    soldstatus

    Show marketing remark (120 chars)

    Attention investors! Only blocks from tech a large 3 bed 2 bath home make this a desirable investment to your portfolio.

11. 2017-07-25
    soldstatus
12. 2017-05-22
    listed $65,000

    Show marketing remark (120 chars)

    Attention investors! Only blocks from tech a large 3 bed 2 bath home make this a desirable investment to your portfolio.

13. 2001-06-29
    soldstatus
14. 1983-09-01
    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: $2,046 · $170/mo
• Projected year-2 tax: $2,654 · $221/mo
• Expected delta: +$608/yr (+$51/mo · 29.7%)

ⓘ 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: $16,102
• − Mortgage interest: −$8,122
• − Property taxes: −$2,046
• − Insurance: −$725
• − Repairs & maintenance: −$1,288
• − Management: −$1,288
• − Depreciation: −$4,218
• Taxable loss: −$1,586
• Est. tax savings @ 24.0%: +$381
• After-tax cash flow: $1,205/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

+123.1% since first listed

15 events — show timeline

• 2026-05-26 Pending — LARMLS
• 2026-05-11 Listed $145,000 LARMLS
• 2026-02-09 Rental Removed $1,280 APPFOLIO
• 2026-01-13 Listed for Rent $1,280 APPFOLIO
• 2023-01-24 Sold (Public Records) — Public Records
• 2023-01-20 Sold (MLS) — LARMLS
• 2022-12-27 Pending — LARMLS
• 2022-12-05 Listed $150,000 LARMLS
• 2017-11-03 Sold (Public Records) — Public Records
• 2017-09-29 Sold (Public Records) — Public Records
• 2017-07-27 Sold (MLS) — LARMLS
• 2017-07-25 Sold (Public Records) — Public Records
• 2017-05-22 Listed $65,000 LARMLS
• 2001-06-29 Sold (Public Records) — Public Records
• 1983-09-01 Sold (Public Records) — Public Records

Property tax history

+4.3%/yr

Latest (2025): $2,046 · -5.3% YoY. Source: county tax records.