2414 Baylor St · Lubbock, TX 79415

$69,999

2 bd · 1.0 ba · 792 sqft · SingleFamily public records · 204 Days on market

Built 1929 8,102 sqft lot $88/sqft · 43% above area Est $49k · 43% over

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Why this score? — see what drove the C 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 +27.3/30.0
• DSCR +9.5/10.0
• 1% rule +6.9/10.0
• Livability +4.0/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

JUST LISTED! This cozy 1-bedroom home sits on an expansive 8,100 sq ft lot offering plenty of space and potential. Comes with fresh paint, and an UPGRADED kitchen and bathroom. Enjoy being just minutes from Texas Tech University, Buddy Holly Center, and Mackenzie Park. With nearby access to historic landmarks, local dining, and shopping, this property offers a fantastic opportunity whether you're looking to invest or settle into the heart of Lubbock! WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

Key facts

• Upgraded bathroom
• Upgraded kitchen
• Local shopping

Tags

• UPGRADED KITCHEN
• UPGRADED BATHROOM
• LOCAL DINING
• LOCAL SHOPPING

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $202 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($830 rent vs $70k).
• Recommended offer: $62k (12.0% 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: 110 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 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 $484 of loan paydown is wiped out by about $2k 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 + 3.0% rent growth), your $20k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 204 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 8661% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1929 — 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 $61,599 (12.0% below list)

Questions for the listing agent

1. It's been on market 204 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1929 — 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: 1.19% ✓
• Cap rate: 9.76%
• Cash-on-cash: 12.37%
• DSCR: 1.55
• GRM: 7.0

CMA / ARV

• ARV (median comp): $49,078
• List price: $69,999
• Delta: 42.63%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 2.0%
• Equity multiple: 1.08×
• Total profit: $1,518
• Equity at exit: $10,437

10-year hold

• IRR: 11.6%
• Equity multiple: 1.91×
• Total profit: $17,866
• Equity at exit: $6,052

Cash invested: $19,600 (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 79415

• Home prices YoY: -20.1%
• Active inventory: 110
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $830 high
• Mortgage (P&I): −$367
• Tax from tax record: −$57 /mo · $686/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$174
• Net cashflow: $202

Break-even live

Break-even rent $574

Max offer price $69,999

Occupancy floor 71%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2512 1st St Lubbock, TX	2.0	1.0	1050	$900	$0.86	13d	1	0.30mi
2613 Auburn St Lubbock, TX	2.0	1.0	978	$875	$0.89	43d	1	0.33mi
114 Avenue V Lubbock, TX	2.0	1.0	728	$750	$1.03	43d	1	0.44mi
105 North Avenue U Unit U Lubbock, TX	2.0	1.0	672	$750	$1.12	43d	1	0.47mi
2715 Fordham St Unit 7 Lubbock, TX	2.0	2.0	1100	$1,150	$1.05	43d	1	0.58mi
124 Temple Ave Lubbock, TX	1.0	1.0	600	$600	$1.00	21d	1	0.61mi
124 Temple Ave Lubbock, TX	1.0	1.0	600	$650	$1.08	43d	1	0.61mi
2805 1st Pl Lubbock, TX	2.0	1.0	730	$895	$1.23	21d	1	0.61mi
2906 Cornell St Lubbock, TX	2.0	1.0	920	$875	$0.95	13d	1	0.61mi
2814 1st Pl Lubbock, TX	2.0	1.0	676	$695	$1.03	43d	1	0.63mi
2814 1st Pl Lubbock, TX	2.0	1.0	676	$695	$1.03	21d	1	0.63mi
218 Avenue U Unit A Lubbock, TX	1.0	1.0	665	$525	$0.79	13d	1	0.63mi
2803 2nd St Lubbock, TX	2.0	1.0	784	$800	$1.02	43d	1	0.64mi
301 Avenue U Lubbock, TX	1.0–2.0	1.0	625	$875	$1.40	13d	4	0.70mi
226 S AVE Unit C Lubbock, TX	1.0	1.0	665	$525	$0.79	43d	1	0.83mi
3207 Amherst St Lubbock, TX	3.0	1.0	1020	$1,200	$1.18	43d	1	0.91mi
3207 Duke St Lubbock, TX	2.0	1.0	647	$695	$1.07	43d	1	0.93mi
3207 Duke St Lubbock, TX	2.0	1.0	647	$595	$0.92	21d	1	0.93mi
3315 Amherst St Lubbock, TX	2.0	1.0	950	$875	$0.92	21d	1	1.07mi
3307 Erskine St Lubbock, TX	3.0	1.0	1120	$1,000	$0.89	21d	1	1.08mi
3318 Itasca St Lubbock, TX	3.0	1.5	1068	$950	$0.89	13d	1	1.21mi
701 N Indiana Ave Lubbock, TX	1.0–2.0	1.0–2.0	675	$850	$1.26	21d	1	1.23mi
1710 9th St Unit 29 Lubbock, TX	2.0	1.0	700	$1,000	$1.43	13d	1	1.24mi
2007 Main St Lubbock, TX	1.0	1.5	900	$1,000	$1.11	13d	7	1.26mi
2007 Main St Unit 12 Lubbock, TX	1.0	1.5	900	$1,000	$1.11	21d	1	1.26mi
2007 Main St Unit 22 Lubbock, TX	1.0	1.5	900	$1,000	$1.11	43d	1	1.26mi
2315 13th St Lubbock, TX	2.0	1.0	825	$995	$1.21	43d	1	1.30mi
2324 14th St Unit Rear B Lubbock, TX	1.0	1.0	568	$575	$1.01	43d	1	1.33mi
2316 15th St Lubbock, TX	2.0	1.0	960	$795	$0.83	21d	1	1.39mi
2117 14th St Unit A Lubbock, TX	2.0	2.0	980	$1,250	$1.28	21d	1	1.39mi
2202 15th St Unit 5 Lubbock, TX	1.0	1.0	600	$600	$1.00	43d	1	1.41mi
2101 14th St Lubbock, TX	2.0	1.0	895	$850	$0.95	21d	1	1.41mi
2101 14th St Lubbock, TX	2.0	1.0	895	$850	$0.95	43d	1	1.41mi
2317 15th St Lubbock, TX	2.0	1.0	900	$1,000	$1.11	43d	1	1.42mi
1913 13th St Unit REAR Lubbock, TX	1.0	1.0	743	$700	$0.94	43d	1	1.42mi
2117 15th St Unit C Lubbock, TX	1.0	1.0	600	$575	$0.96	21d	1	1.45mi

Listing history 20 events

1. 2026-06-18
   days on market $69,999 Active 204 DOM
2. 2026-06-17
   days on market $69,999 Active 203 DOM
3. 2026-06-16
   days on market $69,999 Active 202 DOM
4. 2026-06-15
   days on market $69,999 Active 201 DOM
5. 2026-06-14
   days on market $69,999 Active 199 DOM
6. 2026-06-13
   days on market $69,999 Active 198 DOM
7. 2026-06-10
   days on market $69,999 Active 196 DOM
8. 2026-06-09
   days on market $69,999 Active 195 DOM
9. 2026-06-08
   days on market $69,999 Active 194 DOM
10. 2026-06-07
    days on market $69,999 Active 193 DOM
11. 2026-06-05
    days on market $69,999 Active 190 DOM
12. 2026-06-03
    days on market $69,999 Active 189 DOM
13. 2026-06-02
    days on market $69,999 Active 188 DOM
14. 2026-06-01
    days on market $69,999 Active 187 DOM
15. 2026-05-31
    days on market $69,999 Active 186 DOM
16. 2026-05-30
    days on market $69,999 Active 185 DOM
17. 2025-11-27
    listed $799
18. 2025-11-26
    listed $69,999 Active 679-char remark

    Show marketing remark (679 chars)

    JUST LISTED! This cozy 1-bedroom home sits on an expansive 8,100 sq ft lot offering plenty of space and potential. Comes with fresh paint, and an UPGRADED kitchen and bathroom. Enjoy being just minutes from Texas Tech University, Buddy Holly Center, and Mackenzie Park. With nearby access to historic landmarks, local dining, and shopping, this property offers a fantastic opportunity whether you're looking to invest or settle into the heart of Lubbock! WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

19. 2016-02-05
    soldstatus
20. 2014-09-26
    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: $686 · $57/mo
• Projected year-2 tax: $1,281 · $107/mo
• Expected delta: +$595/yr (+$50/mo · 86.7%)

ⓘ 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 (shaded) · 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: $9,956
• − Mortgage interest: −$3,921
• − Property taxes: −$686
• − Insurance: −$350
• − Repairs & maintenance: −$797
• − Management: −$797
• − Depreciation: −$2,036
• Taxable income: $1,370
• Est. tax owed @ 24.0%: −$329
• After-tax cash flow: $2,096/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): 15,794
• Household income: $36,468
• Rent vs Own: 62.9% rent · 37.1% own
• Severe rent burden: 1287.0

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 0.58)
• Race & ethnicity: Hispanic / Latino 59% White 26% Two or more races 19% Black 7% Asian 5%
• Hispanic origin (detail): Mexican 49%
• Common ancestry: Italian 1% Serbian 1% Estonian 1%
• Foreign-born: 15% · Canada, China
• Languages at home: 57% English-only · Spanish 36% Other Indo-European 4% 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: ▼ -41.79%
• Current HPI: 165.7933
• Rent YoY: —
• 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

4 events — show timeline

• 2025-11-27 Listed for Rent $799 HARMLS
• 2025-11-26 Listed $69,999 HARMLS
• 2016-02-05 Sold (Public Records) — Public Records
• 2014-09-26 Sold (Public Records) — Public Records

Property tax history

+4.4%/yr

Latest (2025): $686 · +10.6% YoY. Source: county tax records.